MPAY acquires Southland Data Processing to boost payroll services

MPAY acquires Southland Data Processing to boost payroll services

MPAY, a leading provider of payroll and human capital management solutions, has announced the acquisition of Southland Data Processing (SDP), effective July 1, 2024. This significant move is set to bolster MPAY’s position in the payroll services industry and expand its service offerings nationwide through its Payroll Service Bureau, Payentry. Southland Data Processing, established in […]

Billion-dollar deal sealed! Alight Inc. transforms with major sale to H.I.G. Capital

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 […]