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Alight to Enhance the Employee Experience with Launch of Alight Worklife® on Microsoft Teams
Alight, Inc., a leader in human capital and technology-enabled services, has partnered with Avanade to integrate its Alight Worklife® platform with Microsoft Teams. This collaboration aims to simplify benefits access and enhance employee wellbeing by embedding key HR and benefits information direct
Nov 18, 2024
Alight
Alight Reports $555M Revenue and $75M Stock Repurchase in Q3 2024
Alight, Inc., a leader in cloud-based human capital technology, reported a revenue of $555 million for Q3 2024, marking a slight decrease from the previous year. Despite a net loss of $44 million, Alight's gross profit improved, reaching $174 million with a gross margin of 31.4%. Adjusted EBITDA was
Nov 12, 2024
Alight
Alight Names Dave Guilmette as Chief Executive Officer
Alight, Inc. has announced the appointment of Dave Guilmette as Chief Executive Officer, effective immediately. Guilmette, who will retain his position as Vice Chair of the Board of Directors, succeeds Stephan Scholl. Scholl will transition to an advisory role to further the company's strategic init
Aug 26, 2024
Alight
Alight's $1.2 Billion Sale of Payroll and Professional Services Business to H.I.G. Capital: Introducing Strada
Alight, Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independent business has been renamed Strada. Alight plans to use
Jul 12, 2024
Alight
Alight Announces Agreement to Sell Payroll and Professional Services Business for up to $1.2 Billion
Alight, Inc. announced the sale of its Payroll & Professional Services business to an affiliate of H.I.G. Capital for up to $1.2 billion, aiming to transform into a more focused employee wellbeing and benefits platform. This strategic move is expected to enhance Alight's margin profile by nearly
Mar 20, 2024
Alight
Alight Acquires Leading Absence Management Provider ReedGroup
Alight, a leading cloud-based human capital and technology services provider, announced it has acquired ReedGroup, an expert in leave management solutions from The Guardian Life Insurance Company of America. Alight’s platform strategy, underpinned by Alight Worklife, is focused on improving
Dec 9, 2022
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