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Announced

Completed

Unit4 completed the acquisition of Compright.

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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Completed

software development

Acquisition

Single Bidder

United States

Friendly

Cross Border

Majority

Private

Software

Synopsis

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Unit4, a provider of enterprise cloud applications for people-centric organizations, completed the acquisition of Compright, a modern cloud-based compensation planning tool. Financial terms were not disclosed. "With services-based organizations needing to accelerate digital adoption while struggling to recruit and retain talent to support that transformation, compensation management has become a critical tool in their arsenal to quickly respond to the acceleration in talent mobility and availability. Compright perfectly complements and extends the combined power of ERP, HCM and FP&A to address the needs of those industries whose success depends on people and to adapt their businesses to the 'new normal," Mike Ettling, Unit4 CEO.

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