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-0.00101471334348045 -0.00659563673262298 -0.0167427701674276 -0.0172501268391679 -0.0101065449010655 -0.00165398274987309 -0.00558092338914254 0.00101471334348045
Stock impact report

H.I.G. Capital Signs Definitive Agreement to Acquire Alight’s Payroll and Professional Services Business

Alight, Inc. Class A (ALIT) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire the Payroll and Professional Services Business (“Payroll & Professional Services” or the “Company”) of Alight, Inc. (“Alight”, NYSE: ALIT) for up to $1.2 billion.The Payroll and Professional Services Business is a leading global provider of technology-enabled payroll, human capital management, and professional services. The Company provides a full suite of end-to-end technology and services, including U.S. and multi-country global payroll, HR administration & outsourced services, cloud technology advisory and deployment & application managed services. Through its differentiated end-to-end solution offering and strong partnerships with leading cloud technology providers such as Workday and SAP, the Company serves more than 1,500 blue-chip, multin Show less Read more
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