Alight Divests Units

Alight Announces Agreement To Sell Payroll and Professional ...

Alight, Inc. (NYSE: ALIT) announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll ...

Alight Divests Units, Executives Exit, Assures Financial Goals

An update from Alight (ALIT) is now available. Alight, Inc. finalized the sale of its Professional Services and Payroll & HCM Outsourcing ...

Alight's Strategic Divestiture: Key Insights on the $1.2 Billion Deal

Alight Inc. divests its payroll and professional services for $1.2B to focus on its Benefits Administration technology.

Alight Announces Agreement to Sell Payroll and Professional ...

The transaction has been approved by Alight's Board of Directors and is expected to close by mid-year 2024, subject to customary closing ...

Alight divests units for $1.2 billion, eyes margin growth - Investing.com

The deal, valued at up to $1.2 billion, includes the Professional Services segment and the Payroll & HCM Outsourcing businesses within the ...

Alight Completes Sale of Payroll and Professional Services Business

Alight, Inc. announced that it has closed the previously announced sale of its Professional Services segment and its Payroll & HCM ...

Alight Divests Units for $1.2B, Eyes Streamlined Growth ... - TipRanks

Alight, Inc. announced a significant transaction with Axiom Buyer, LLC, an affiliate of HIG Capital, to sell its Professional Services and Payroll & HCM ...

Alight Stock Jumps. It's Selling a Business Unit for $1.2 ... - Barron's

It's Selling a Business Unit for $1.2 Billion and Buying Back Shares. ... Shares of Alight were climbing sharply Wednesday after the cloud-based ...

H.I.G. Capital Signs Definitive Agreement to Acquire Alight's Payroll ...

(“Alight”, NYSE: ALIT) for up to $1.2 billion. The Payroll and Professional Services Business is a leading global provider of technology-enabled ...

Alight Announces Agreement to Sell Payroll and Professional ...

Capital for up to $1.2 billion, subject to certain adjustments. This values the Payroll & Professional Services business at a multiple of ...

Alight to sell payroll and professional service business for up to $1.2 ...

Alight said on Wednesday it has agreed to sell its professional services and payroll outsourcing business to an affiliate of private equity ...

Alight Announces $75 Million Accelerated Share Repurchase ...

Alight (NYSE: ALIT or the “Company”), a leading cloud-based human capital technology and services provider, today announced that it has ...

H.I.G. to acquire Alight's payroll, professional services units for $1.2Bn

The divested unit, rebranded as the Payroll and Professional Services Business, will establish a commercial partnership with Alight.

Benefits company Alight plans $1 billion spinoff

Employee-benefits company Alight is spinning off its payroll outsourcing and professional services units to HIG Capital, a private-equity fund based in Miami, ...

Alight Reports Second Quarter 2024 Results

With the divestiture behind us we are well positioned to deliver differentiated benefit services to our clients and profitable growth with ...

Alight to sell its Professional Services and HCM & Payroll ...

Alight Spinoff - LinkedIn

Recently, Alight announced that it had agreed to sell its payroll and professional services business to H.I.G. Capital for up to $1.2 ...

Alight Announces Executive Leadership Changes

... divestiture — — Greg Goff promoted ... Company”) today announced two leadership promotions as part of the Company's ongoing transformation.

H.I.G. Capital Signs Definitive Agreement to Acquire Alight's Payroll ...

Capital's affiliate is set to acquire Alight, Inc.'s Payroll and Professional Services Business for up to $1.2 billion. The Company offers ...

Alight's Long-Term Financial Upside Maintains Buy Rating Despite ...

Alight CEO Stephan D. Scholl Announces Resignation Plan · Alight Divests Units, Executives Exit, Assures Financial Goals · Alight Completes Sale ...