Billion-dollar deal sealed! Alight Inc. transforms with major sale to H.I.G. Capital
Alight, Inc. (NYSE: ALIT), renowned for its cloud-based human capital technology, announced the completion of its strategic divestiture of the Professional Services and Payroll & HCM Outsourcing businesses within the Employer Solutions segment. The transaction, which concluded with an affiliate of H.I.G. Capital, is valued up to $1.2 billion. It comprises $1 billion in upfront […]