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16 Jan kronos and ultimate software merge

Follow our compelling video series that celebrates the unsung heroes of today’s workforce — the inspiring individuals who do the jobs we all rely on every day. 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 has its roots in Time and Attendance. Darlene Marcroft  H&F targets outstanding businesses in select sectors including software & technology, financial services, healthcare, retail & consumer, and other business services. Find out what it takes to become a Kronos partner. Hellman & Friedman LLC (H&F), the controlling shareholder of both Kronos and Ultimate, will be the controlling shareholder of the newly formed company. Kronos and Ultimate Software Enter Definitive Merger Agreement Creating Company Valued at $22 Billion Merger brings together world-renowned best places to work, with plans to add 3,000 employees over three years LOWELL, Mass. Working together we’ll find the right solution to achieve your goals — and fit your budget. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. Users of Kronos and Ultimate Software—two of the largest HR technology vendors—may want to get in touch with their account representatives. UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks, if any, are property of their respective owners. All rights reserved. GIC is a leading global investment firm established in 1981 to manage Singapore’s foreign reserves. Learn why organizations around the globe — including more than half of the Fortune 1000® — choose Kronos to help build an engaged workforce. Together, we innovate to meet customer needs and create new opportunities for shared success. Ultimate Software and Kronos Inc. are merging in a deal creating a big new player in workplace-software products. Feb 20, 2020 5:05PM EST (RTTNews) - Kronos Incorporated (KRON) and Ultimate Software have entered into a definitive merger deal. JMI partners with exceptional management teams to help build their companies into industry leaders. Create and manage an engaged workforce with Kronos solutions. www.kronos.com, Ultimate Media Contact: The new company shares joint headquarters in Lowell, Mass. Kronos is a leading provider of workforce management and human capital management cloud solutions. Access the tools and resources we’ve developed to help our customers make more-informed business decisions. About six months ago, HCM giants Kronos and Ultimate Software announced they would merge in a record, industry-changing merger valued at $22 billion. Headquartered in Singapore, GIC employs over 1,500 people across 10 offices in key financial cities worldwide. Headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm's length from governments. + 1 800.432.1729  Further information is available at www.blackstone.com. Trademarks Your partner and advocate, UKG Customer Success connects you with the training and strategic resources you need to achieve your workforce goals. 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. Find out what it takes to become a Kronos partner. + 1 800.225.1561 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. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 6,000 professionals. You've probably heard the news: Ultimate Software and Kronos are now UKG ™. Security 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. Kronos offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce. LOWELL, Mass. We're excited to collaborate with partners whose strategy and goals complement ours and who are invested in delivering an exceptional customer experience. 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. 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. Kronos and the Kronos logo are registered trademarks and Workforce Innovation That Works is a trademark of Kronos Incorporated or a related company. [email protected], Ultimate Sales:  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. © 2020 Kronos Incorporated and Ultimate Software. 01:23 Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits in the best interests of 20 million contributors and beneficiaries. Read the Gartner Magic Quadrant report that names UKG a Leader in cloud HCM suites for the fourth consecutive year. Privacy Policy. We’re your partner. One glance at our customer list and you’ll see that we’re trusted by thousands of organizations around the globe — including more than half of the Fortune 1000®. At December 31, 2019, the CPP Fund totalled $420.4 billion. Our human capital management (HCM) software provides an end-to-end employee lifecycle management solution. Following H&F, private equity funds managed by Blackstone will be the largest minority investor, followed by GIC, Canada Pension Plan Investment Board (CPP Investments), and JMI Equity. Dive Brief: Massachusetts-based Kronos and Florida-based Ultimate Software will soon merge, the pair announced Feb. 20.The two organizations have a … We have a product to fit your needs — regardless of your organization’s industry, size, or location. Kronos Media Contact:  Ultimate Software and Kronos, both controlled by the private equity firm Hellman & Friedman, will merge to form a single HR technology provider with $3 billion in revenue, more than 12,000 employees world-wide, and an enterprise value of $22 billion. Kronos offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce. For more information visit jmi.com. Ultimate Software and Kronos Inc. released the news of the definitive merger agreement Thursday. Since its founding in 1984, H&F has raised over $50 billion of committed capital, invested in over 90 companies, and is currently investing its ninth fund, with $16.5 billion of committed capital. and WESTON, Fla., 20 Feb, 2020 Great businesses are powered by great people. Kronos: Workforce Innovation That Works. A new company name will be announced in the coming months. For more information on GIC, please visit www.gic.com.sg or LinkedIn. The YMCA of Greater Boston gains improved efficiency, accuracy, and compliance using Kronos Workforce Ready. and Weston, Fla., with dozens of offices around the world. + 1 800.225.1561 Kronos Incorporated and Ultimate Software have agreed to merge, creating a cloud company valued at US$22 billion. All rights reserved. Learn more about our company and what inspires our success. [email protected], Kronos Sales:  [email protected], Ultimate Sales:  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. Security + 1 800.432.1729  All rights reserved. Darlene Marcroft  Every client has unique needs. 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 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. Ultimate started in Payroll — literally launched as an alternative to ADP, where founder Scott Scherr came from. 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. © 2020 Kronos Incorporated and Ultimate Software. More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. Boba Tea Company sees sales leap and increased HR efficiencies with improved scheduling and HR processes. Use our ROI tool to determine in just minutes how much you could save by investing in modern HR and workforce management technology. See a complete list of Kronos trademarks. The two companies have announced a … We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. Now, the two companies are unveiling the highly anticipated next steps of their joint venture. Read their success stories. Boba Tea Company sees sales leap and increased HR efficiencies with improved scheduling and HR processes. Create and manage an engaged workforce with Kronos solutions. 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 organisations across all industries manage their people more effectively with an unparalleled combination of cloud solutions. Proven Kronos Workforce Management solutions help meet your workforce needs regardless of your industry or where you do business. Find out how Kronos helps accelerate the value of your investment and deliver the experience you expect. We’re not your average technology vendor. Kronos Incorporated and Ultimate Software 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. Access the tools and resources we’ve developed to help our customers make more-informed business decisions. Kronos is a leading provider of workforce management and human capital management cloud solutions. 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. Privacy Policy. Visit www.kronos.com. and Weston, Fla., with dozens of offices around the world. Use our ROI tool to determine in just minutes how much you could save by investing in modern HR and workforce management technology. MarketSource leverages technology solutions to optimize scheduling of part-time employees at retail client sites. Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement to form one of the worlds largest cloud companies. We’re your partner. Ultimate Kronos Group. Founded in 1992, JMI has invested in over 145 businesses in its target markets, successfully completed over 95 exits and raised more than $4 billion of committed capital. 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 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. Kronos and the Kronos logo are registered trademarks and Workforce Innovation That Works is a trademark of Kronos Incorporated or a related company. Online platform allows you to easily browse third-party products and services from our Kronos Technology Partners. Firm established in 1981 to manage and engage your entire workforce compliance using Kronos workforce.! 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