User:Bbkahlich/sandbox
| Company type | Private limited company |
|---|---|
| Industry | Professional services |
| Founded | May 2017 |
| Headquarters | Lincolnshire, Illinois |
Area served | Worldwide |
Key people | Chris Michalak (CEO) |
| Services | HR and Benefits Consulting, Health Benefits Administration, 401(k) Retirement, Payroll, Financial Management |
Number of employees | 11,000 (2019) |
| Website | alight |
Alight Solutions is a human capital solutions company based in Lincolnshire, Illinois. They provide benefits administration and human resources business process outsourcing.
History[edit]
Alight was formed in May 2017 after its acquisition by private equity funds affiliated with Blackstone Group L.P. (BX.N).[1][2]
Acquisitions[edit]
- In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand.[3]
- In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas.[4][5]
- In February 2019, India's third largest software services exporter Wipro sold their Workday and Cornerstone OnDemand business to Alight Solutions for $110 million.[6]
- On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an Adaptive Insights implementation partner. [7]
Partnerships[edit]
- In September 2018, Wipro announced a $1.5 billion dollar, 10 year engagement with Alight Solutions. According to its contract with Alight, Wipro has been mandated to digitally transform the Illinois-headquartered company's business. [8][9]
Awards[edit]
- Alight was certified as a Great Place to Work® in October 2018. [10]
- The International Association of Outsourcing Professionals (IAOP) named Alight to The Best of the Global Outsourcing 100 in May 2019. [11]
References[edit]
- ^ Jamerson, Joshua (February 10, 2017), Blackstone to Buy Aon’s Human Resources Outsourcing Platform for $4.3 Billion, New York City: The Wall Street Journal
{{citation}}: Italic or bold markup not allowed in:|publisher=(help) - ^ Introducing Alight Solutions: Leading benefits administration and cloud-based HR services provider re-launches with new name, June 6, 2017
- ^ Alight Solutions to Acquire Future Knowledge, March 1, 2018
- ^ Isbell, Faith (June 13, 2018), Dallas-based health care company acquired by Alight Solutions, ‘’Dallas Business Journal’’
- ^ Chaudhary, Mayuri (March 1, 2018), Alight Solutions Acquires Compass Professional Health Services to Grow Health Navigation Capabilities, ‘’HR Technologist’’
- ^ Wipro To Sell Workday, Cornerstone OnDemand Business To Alight For Up To $110 Million, ‘’Bloomberg’’, February 27, 2019
- ^ Alight Solutions Acquires Carlson Management Consulting, ‘’HR Technologist’’, February 22, 2019
- ^ Wipro can't believe its luck at sealing 10-year deal worth $1.6bn with Alight Solutions, ‘’The Register’’, September 8, 2018
- ^ Wipro wins biggest contract of over $1.5 billion from Alight Solutions, ‘’Business Standard’’, September 3, 2018
- ^ Alight Solutions - Great Place to Work United States
- ^ The Best of the Global Outsourcing 100 - Leaders - iaop.org