H.I.G. Capital Signs Definitive Agreement to Acquire Alight’s Payroll and Professional Services Business
Summary
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, multinational clients across the world. By focusing our investments and energy on enhancing our highly differentiated, end-to-end technology and service capabilities, we will be able to add significant incremental value for our clients. With H.I.G.’s support, expertise, and resources, as well as our continued commercial partnership with Alight, we are well-positioned as the partner of choice for global enterprises,” said Luca Saracino, Head of the Payroll and Professional Services Business. “We are thrilled to partner with Luca and the entire Payroll & Professional Services team,” commented Matt Lozow, Managing Director at H.I.G. “As businesses grow increasingly global and face complex technology and compliance requirements, we believe that the Company is uniquely positioned to help clients address the many challenges which this creates.