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New Deal


Announced

Completed

Ceridian completed the acquisition of Ascender from Potentia Capital for $499m.

Financials

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Transaction Value£364m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Single Bidder

payroll

human capital management

Private Equity

Majority

Friendly

Management Consulting

Australia

Cross Border

Completed

Synopsis

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Ceridian, an American provider of human resources software and services, completed the acquisition of Ascender, a payroll and HR solutions provider, from private equity firms Potentia Capital and Five V Capital, for $499m. “The combination of Ascender with Ceridian will be tremendous news for our employees, customers, and partners, who will benefit from Ceridian’s global scale and award-winning Dayforce platform. We’re committed to helping our customers successfully navigate the future of work as we embark on a new chapter within the Ceridian family,” Andrew Wilson, Ascender CEO.

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