Announced
Completed
Synopsis
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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