H.I.G. Capital to acquire Alight’s Payroll & Professional Services Business

H.I.G. Capital announced that one of its affiliates has signed a definitive agreement to acquire the Payroll and Professional Services Business of Alight for up to $1.2B. 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, multinational clients across the world.