Blackstone and Hellman & Friedman-backed Kronos to acquire Optimum Solutions.

Blackstone and Hellman & Friedman-backed Kronos, a leading provider of workforce management and human capital management cloud solutions, agreed to acquire Optimum Solutions, a national provider of human capital management services and solutions. Financial terms were not disclosed. “Optimum’s acquisition by Kronos launches an exciting new chapter for our customers and team members. By joining the Kronos family, Optimum’s customers will benefit from the award-winning services, support, and innovations that have propelled Kronos to its position as a leading, global HCM solutions provider. Kronos’ employee and customer centric approach is unparalleled in our industry and will enable our team to take even greater strides in fostering advancements in technology that drive business results.” Bob Farnsworth, CEO, Optimum Solutions.