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New Deal


Announced

Completed

UKG completed the acquisition of Ascentis.

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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United States

Outsourced HR and Staffing

Majority

Friendly

Domestic

workforce management solutions

Private

Single Bidder

Acquisition

Completed

human resources

Synopsis

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UKG, a global provider of human capital management, payroll, HR service delivery, and workforce management solutions, completed the acquisition of Ascentis, a provider of full-suite HR and workforce management solutions. Financial terms were not disclosed. "We’re thrilled to welcome the supremely talented Ascentis team into the U Krew family. Their tremendous workforce management and HCM domain expertise will be vital in the present and future success of UKG. UKG is transforming the relationship between organizations and their people by creating more empowering, inclusive, and personalized work experiences. The Ascentis team will help us continue to rapidly deliver on our vision for people-centric workplaces," Chris Todd, UKG President.

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