Immedis
Acquisition in 2023
Immedis Limited is a Dublin-based company that specializes in providing cloud-based payroll managed services. Established in 2016 as a division of The Taxback Group, Immedis focuses on delivering comprehensive enterprise technology solutions for global payroll and mobility tax services. Its flagship platform, iConnect, consolidates global payroll information into a single dashboard, enhancing process efficiency and ensuring compliance with payroll and tax regulations in over 130 countries. With a team of over 170 experts, Immedis offers fully managed multi-country payroll and employment tax solutions tailored for organizations with staff operating internationally, including both local and expatriate employees. The platform utilizes advanced technologies like Artificial Intelligence and Robotic Process Automation to ensure accurate payroll processing and timely identification of potential issues, thereby facilitating secure cross-border payment processing for clients.
Quorbit
Acquisition in 2022
Quorbit is a developer of innovative workload budgeting tools aimed at simplifying labor budgeting and enhancing decision-making through artificial intelligence. The company offers a cloud-based solution that provides businesses, particularly in sectors like retail, hospitality, and logistics, with tailored operating models that align with their specific business drivers and customer needs. Quorbit's platform features transparent calculation methodologies, dashboards for data visualization, and tools for scenario planning and costing. It also enables collaborative workflows and maintains an audit trail, making it easy for organizations to set up and update their workload budgets. By streamlining strategic workforce planning, Quorbit helps companies improve productivity and profitability while eliminating the complexities associated with traditional budgeting methods.
Ascentis
Acquisition in 2022
Ascentis, a UKG Company, is a software development firm based in Eden Prairie, Minnesota, specializing in human resource management solutions for medium-sized businesses. Founded in 1984, the company offers a comprehensive suite of services, including human capital management, workforce management, HR information systems, online payroll, talent management, and timekeeping solutions. Ascentis's user-friendly software is designed to automate and streamline HR and payroll processes, allowing clients to focus on essential human interactions while ensuring compliance and productivity. The company is recognized for its exceptional customer service and provides both hosted and licensed options, as well as employee self-service capabilities. By catering specifically to the needs of the hourly workforce, Ascentis helps organizations save time and reduce costs associated with HR management.
Interboro Systems Corporation
Acquisition in 2022
Interboro Systems Corporation is a computer software company specializing in payroll and human resources management solutions. It offers cloud-based services designed to optimize HR administration, including time and attendance management, payroll processing, and comprehensive human resources support. The company focuses on the Caribbean market, providing direct sales, consulting services, and customer support to help clients effectively manage their payroll costs, enhance productivity, and reduce compliance risks.
SpotCues
Acquisition in 2022
SpotCues is a location-based social network designed to connect individuals and applications based on a user's current context, utilizing Wi-Fi or geofencing technology. This innovative platform allows users present at a specific location to join a real-time social network, interact with one another, and access applications relevant to that setting. Initially, SpotCues targets enterprises to enhance team-building efforts and facilitate employee connectivity through their smartphones. The company aims to broaden its reach by expanding into organized communities, including sports venues, residential complexes, shopping centers, and educational institutions. By offering an engaging user experience coupled with artificial intelligence and automation, SpotCues seeks to optimize communication and productivity within enterprises, enabling seamless integration and customization of digital tools.
Great Place to Work Institute
Acquisition in 2021
Great Place to Work Institute, Inc. is a consulting organization dedicated to studying workplace environments by gathering and analyzing employee feedback. Founded in 1997 by Robert Levering and headquartered in São Paulo, the institute operates in over 40 countries, conducting research to identify the "Best Workplaces." Its assessments focus on five key dimensions: credibility, respect, fairness, pride, and camaraderie. The organization aims to empower leaders with insights and real-time reporting based on comprehensive surveys that measure employee experiences across diverse demographics, including regions, race, gender, and roles. By providing actionable feedback, Great Place to Work Institute seeks to assist organizations in fostering inclusive and positive work cultures.
EverythingBenefits
Acquisition in 2021
EverythingBenefits is a company based in New Providence, New Jersey, that develops cloud-based business software aimed at helping mid-to-large organizations automate their benefits administration processes. Established in 2015, the company offers a range of services including health benefits, flexible benefits, career connections, 401(K) integration, COBRA administration, and wellness services. These solutions enable employers, brokers, and benefits consultants to streamline the entire benefits management cycle, from research and quote generation to enrollment. By leveraging AI-powered software, EverythingBenefits helps reduce compliance risks, eliminate paperwork, and lighten workloads for its clients.
Ultimate Kronos Group (UKG)
Acquisition in 2020
Ultimate Software provides cloud-based human capital management solutions through its UltiPro software, catering to enterprise and mid-market companies across various industries, including technology, healthcare, and retail. Founded in 1990 and headquartered in Weston, Florida, Ultimate Software's UltiPro encompasses a comprehensive suite of features for the entire employee life cycle, from recruitment to retirement. Key functionalities include talent acquisition, onboarding, payroll processing, performance management, and employee engagement tools, all designed to enhance the employee experience. The software allows HR professionals and employees to access information and manage tasks conveniently, promoting efficient workforce management. Supported by advanced artificial intelligence technologies, UltiPro also offers analytical tools to help organizations make informed decisions and foster career development. With a commitment to a people-first approach, Ultimate Software has consistently ranked among the top companies to work for, serving thousands of clients globally and managing millions of employees.
Kronos Research
Acquisition in 2020
Kronos Research, founded in 2018 and based in Taipei, Taiwan, specializes in venture capital investments, focusing on sectors such as blockchain, technology, finance, and cryptocurrency. The company aims to identify and support innovative startups with high growth potential in these areas. Unlike its earlier iteration founded in 1977, which provided workforce management solutions from Chelmsford, Massachusetts, Kronos Research has shifted its focus to leveraging emerging technologies and market trends to drive investment success. Its strategic approach underscores a commitment to fostering advancements in industries that are defining the future of technology and finance.