kronos and ultimate software merge

More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. and Weston, Fla., with dozens of offices around the world. & WESTON, Fla.– (BUSINESS WIRE)– 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 … MarketSource leverages technology solutions to optimize scheduling of part-time employees at retail client sites. Domenic Locapo Kronos offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce. Kronos offers the industry’s most powerful suite of tools and services to manage and engage your entire workforce. Find out how Kronos helps accelerate the value of your investment and deliver the experience you expect. [email protected], Kronos Sales:  + 1 978.947.4777 Every client has unique needs. 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®. Combining two exceptional, highly compatible cultures will create a company that is. The new company … You've probably heard the news: Ultimate Software and Kronos are now UKG ™. The new company shares joint headquarters in Lowell, Mass. Terms of Use 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. Kronos is a leading provider of workforce management and human capital management cloud solutions. Kronos is a leading provider of workforce management and human capital management cloud solutions. Kronos Incorporated and Ultimate Software, two major vendors of Human Capital Management (HCM) software, have entered into a definitive merger agreement, the companies announced. www.ultimatesoftware.com. GIC is a leading global investment firm established in 1981 to manage Singapore’s foreign reserves. We’re not your average technology vendor. Learn why organizations around the globe — including more than half of the Fortune 1000® — choose Kronos to help build an engaged workforce. For more information about CPP Investments, please visit www.cppinvestments.com or follow us on LinkedIn, Facebook or Twitter. completed their planned merger as announced on Feb. 20. Access the tools and resources we’ve developed to help our customers make more-informed business decisions. Learn more about our company and what inspires our success. 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. All rights reserved. Privacy Policy. The Kronos-Ultimate Software merger is a very interesting combination. Kronos has its roots in Time and Attendance. As a disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. Kronos Inc. and The Ultimate Software Group Inc., two of the industry's biggest providers of human resources software, today said they plan to merge into a single company that will be valued at $22 b UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks, if any, are property of their respective owners. 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 Software and Kronos Inc. released the news of the definitive merger agreement Thursday. and Weston, Fla., with dozens of offices around the world. Ultimate’s award-winning UltiPro delivers HR, payroll, talent, and time and labor management, as well as HR service delivery solutions. See a complete list of Kronos trademarks. The YMCA of Greater Boston gains improved efficiency, accuracy, and compliance using Kronos Workforce Ready. Great businesses are powered by great people. Darlene Marcroft  Learn how we strive to be a great organization every day by embracing the global principles of corporate social responsibility and building customer trust. Read their success stories. Kronos: Workforce Innovation That Works. Now, the two companies are unveiling the highly anticipated next steps of their joint venture. Read the Gartner Magic Quadrant report that names UKG a Leader in cloud HCM suites for the fourth consecutive year. 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. The YMCA of Greater Boston gains improved efficiency, accuracy, and compliance using Kronos Workforce Ready. Feb 20, 2020 5:05PM EST (RTTNews) - Kronos Incorporated (KRON) and Ultimate Software have entered into a definitive merger deal. Use our ROI tool to determine in just minutes how much you could save by investing in modern HR and workforce management technology. Founded in 1990, Ultimate is headquartered in Weston, Florida, and employs approximately 6,000 professionals. We do this by using extraordinary people and flexible capital to help companies solve problems. Privacy Policy. We're excited to collaborate with partners whose strategy and goals complement ours and who are invested in delivering an exceptional customer experience. + 1 800.225.1561 Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com. Our human capital management (HCM) software provides an end-to-end employee lifecycle management solution. Ultimate started in Payroll — literally launched as an alternative to ADP, where founder Scott Scherr came from. Users of Kronos and Ultimate Software—two of the largest HR technology vendors—may want to get in touch with their account representatives. [email protected], Ultimate Sales:  Ultimate Kronos Group. + 1 978.947.4777 Together, we innovate to meet customer needs and create new opportunities for shared success. +1 954.331.7444  [email protected], Kronos Sales:  www.kronos.com, Ultimate Media Contact: About six months ago, HCM giants Kronos and Ultimate Software announced they would merge in a record, industry-changing merger valued at $22 billion. © 2020 Kronos Incorporated and Ultimate Software. 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. Through the merger, Kronos and Ultimate Software combined will become one of the world’s largest cloud companies. Aron Ain, longtime Kronos chief executive officer, is the chief executive officer and Chairman of the new company, guiding an experienced executive team comprised of leaders from both Kronos and Ultimate. The Ultimate Software and Kronos Merger is Official! More information on Ultimate’s products and services can be found at www.ultimatesoftware.com. At December 31, 2019, the CPP Fund totalled $420.4 billion. Kronos and the Kronos logo are registered trademarks and Workforce Innovation That Works is a trademark of Kronos Incorporated or a related company. Aug 28, 2020, 1:27pm EDT Kronos Inc., one of the largest private companies in Massachusetts, is rebranding after its merger with a Florida software … We have a product to fit your needs — regardless of your organization’s industry, size, or location. Morgan Stanley & Co. LLC (for Kronos) and Goldman Sachs & Co. LLC (for Ultimate) acted as financial advisors and Simpson Thacher & Bartlett LLP acted as legal counsel on the transaction. 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