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kronos and ultimate software merge

You've probably heard the news: Ultimate Software and Kronos are now UKG ™. Learn why organizations around the globe — including more than half of the Fortune 1000® — choose Kronos to help build an engaged workforce. By bringing together two industry leaders, the transaction will create the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people … Private equity firm Hellman & Friedman LLC (H&F), the controlling shareholder of both Kronos and Ultimate, will have a controlling stake in the combined company as well. According to both companies, the move will form one of the world’s largest cloud companies, valued overall at $22 billion. Kronos: Workforce Innovation That Works. + 1 800.225.1561 Our asset management businesses, with $571 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. Trademarks JMI Equity is a growth equity firm focused on investing in leading software companies. Review the criteria, explore the benefits, and contact us today to get started. MarketSource leverages technology solutions to optimize scheduling of part-time employees at retail client sites. Ultimate Software is a leading global provider of cloud human capital management and employee experience solutions, with more than 51 million people records in the cloud. Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement to form one of the world’s largest cloud companies. HR application software providers Kronos Inc and Ultimate Software Group Inc said on Thursday they would merge to form a cloud-based workforce management company valued at $22 billion. Learn how we strive to be a great organization every day by embracing the global principles of corporate social responsibility and building customer trust. GIC is a leading global investment firm established in 1981 to manage Singapore’s foreign reserves. Four months after workforce software providers Kronos Inc. and Weston-based Ultimate Software completed their merger, the combined company said its new name will be UKG, or Ultimate Kronos … Read their success stories. and Weston, Fla., with dozens of offices around the world. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Boba Tea Company sees sales leap and increased HR efficiencies with improved scheduling and HR processes. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. We’re not your average technology vendor. The YMCA of Greater Boston gains improved efficiency, accuracy, and compliance using Kronos Workforce Ready. Review the criteria, explore the benefits, and contact us today to get started. Find out how Kronos helps accelerate the value of your investment and deliver the experience you expect. Read the Gartner Magic Quadrant report that names UKG a Leader in cloud HCM suites for the fourth consecutive year. LOWELL, Mass. Create and manage an engaged workforce with Kronos solutions. The new company … Visit www.kronos.com. © 2020 Kronos Incorporated and Ultimate Software. Ultimate started in Payroll — literally launched as an alternative to ADP, where founder Scott Scherr came from. Blackstone is one of the world’s leading investment firms. Access the tools and resources we’ve developed to help our customers make more-informed business decisions. On February 20, 2020, Ultimate Software and Kronos Incorporated announced that they had entered into a definitive merger agreement to form a new cloud computing venture specializing in workforce management and human capital management.The combined company, valued at $22 billion, would be one of the largest cloud computing companies in the world. Kronos and the Kronos logo are registered trademarks and Workforce Innovation That Works is a trademark of Kronos Incorporated or a related company. Users of Kronos and Ultimate Software—two of the largest HR technology vendors—may want to get in touch with their account representatives. For more information on GIC, please visit www.gic.com.sg or LinkedIn. Partners are key extensions of our team. © 2020 Kronos Incorporated and Ultimate Software. + 1 800.432.1729  [email protected], Kronos Sales:  Through the merger, Kronos and Ultimate Software combined will become one of the world’s largest cloud companies. Every client has unique needs. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 6,000 professionals. Kronos and Ultimate each have a proven track record of delivering the industry’s most innovative solutions to help organizations around the world drive better business outcomes, achieve a competitive advantage and create engaged workforces. www.ultimatesoftware.com. Tens of thousands of organizations — including half of the Fortune 1000® — and more than 40 million people in over 100 countries use Kronos every day. Use our ROI tool to determine in just minutes how much you could save by investing in modern HR and workforce management technology. Darlene Marcroft  Find out what it takes to become a Kronos partner. Kronos offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce. Terms of Use Online platform allows you to easily browse third-party products and services from our Kronos Technology Partners. Kronos Incorporated and Ultimate Software, two major vendors of Human Capital Management (HCM) software, have entered into a definitive merger agreement, the companies announced. Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. In order to build diversified portfolios of assets, investments in public equities, private equities, real estate, infrastructure and fixed income instruments are made by CPP Investments. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. We’re not your average technology vendor. [email protected], Kronos Sales:  Domenic Locapo More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. All rights reserved. Kronos Media Contact:  Create and manage an engaged workforce with Kronos solutions. Your partner and advocate, UKG Customer Success connects you with the training and strategic resources you need to achieve your workforce goals. We're excited to collaborate with partners whose strategy and goals complement ours and who are invested in delivering an exceptional customer experience. The merger of Kronos and Ultimate creates one of the world’s largest cloud companies – with 12,000 employees worldwide and approximately $3 billion in revenue – to deliver enhanced scale and an even stronger position in the HCM marketplace with highly complementary products and a combined 70 years of expertise. Aron Ain, longtime Kronos chief executive officer, will be the chief executive officer and Chairman of the combined company – guiding an experienced executive team comprised of leaders from both Ultimate and Kronos. We're excited to collaborate with partners whose strategy and goals complement ours and who are invested in delivering an exceptional customer experience.

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