Alight Solutions

Alight Solutions is a business process outsourcing company based in Lincolnshire, Illinois.

Alight Solutions
TypePrivate limited company
IndustryProfessional services
FoundedMay 2017
HeadquartersLincolnshire, Illinois
Area served
Worldwide
Key people
Services
  • 401(k) retirement
  • Benefits consulting
  • Financial Management
  • Human resources
  • Health benefits administration
  • Payroll
Number of employees
11,000 (2019)
Websitealight.com

History

Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P..[1][2]

Acquisitions

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] On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions.[8] On August 22, 2019, Alight Solutions announced it will acquire NGA Human Resources, a provider of digital human resources and global payroll services.[9]

Partnerships

In September 2018, Wipro announced a $1.5 billion, 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.[10][11]

Awards

Alight was certified as a Great Place to Work in October 2018.[12] The International Association of Outsourcing Professionals (IAOP) named Alight to The Best of the Global Outsourcing 100 in May 2019.[13]

References
  1. 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
  2. "Introducing Alight Solutions: Leading benefits administration and cloud-based HR services provider re-launches with new name", PR Newswire, Cision, June 6, 2017, retrieved 6 January 2020, SOURCE Alight Solutions
  3. Alight Solutions to Acquire Future Knowledge, March 1, 2018
  4. Isbell, Faith (June 13, 2018), Dallas-based health care company acquired by Alight Solutions, Dallas Business Journal
  5. Chaudhary, Mayuri (March 1, 2018), Alight Solutions Acquires Compass Professional Health Services to Grow Health Navigation Capabilities, HR Technologist
  6. Wipro To Sell Workday, Cornerstone OnDemand Business To Alight For Up To $110 Million, Bloomberg, February 27, 2019
  7. Alight Solutions Acquires Carlson Management Consulting, HR Technologist, February 22, 2019
  8. Employee Benefits Platform Hodges-Mace Acquired by Alight Solutions, AtlantaInno, July 10, 2019
  9. Alight Solutions acquires NGA Human Resources, Chicago Daily Herald, August 22, 2019
  10. Wipro can't believe its luck at sealing 10-year deal worth $1.6bn with Alight Solutions, The Register, September 8, 2018
  11. Wipro wins biggest contract of over $1.5 billion from Alight Solutions, Business Standard, September 3, 2018
  12. Alight Solutions – Great Place to Work United States
  13. The Best of the Global Outsourcing 100 - Leaders - iaop.org
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