Announced
Completed
Financials
Tags
Acquisition
Private
Single Bidder
payroll
human capital management
Private Equity
Majority
Friendly
Management Consulting
Australia
Cross Border
Completed
Synopsis
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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