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Announced

Completed

Ceridian completed the acquisition of Excelity Global from Everstone Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Payroll

Private Equity

Private

Acquisition

Friendly

Singapore

human capital management

Disposal

Completed

Synopsis

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Ceridian, a human capital management technology provider, completed the acquisition of Excelity Global, an Asia-based HCM service provider, from the Everstone Group, a private equity and real estate investment firm focusing on India and Southeast Asia. Financial terms were not disclosed. “As we accelerate our global momentum, I look forward to elevating the experience we provide to our customers and continuing our strong operational performance. Ceridian has 4.5k customers on the Dayforce platform, and we look forward to bringing the full power of Dayforce to customers in the Asia Pacific Japan region,” Stephen Moore, Ceridian Executive Director of Australia and New Zealand.

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