Announced

Completed

Alight completed the acquisition of ReedGroup from Guardian Life.

Synopsis

Alight, a cloud-based human capital and technology services provider, completed the acquisition of ReedGroup, a provider of absence management services and software for large employers, from Guardian Life, an Insurance company. Financial terms were not disclosed. “Alight is leading the employee wellbeing space with products and technology that employers and employees want and need, including the desire for a better employee leave experience. Joining Alight expands the range of offerings we can make to our shared and future clients giving us the ability to make unparalleled innovations in the areas of health and wellbeing. ReedGroup’s capabilities help Alight respond to the growing complexity employers are facing as they navigate the ever-changing leave landscape. For over 40 years, we’ve built innovative technologies and offerings that will serve to expand what Alight and ReedGroup can offer their clients,” Kevin Curry, ReedGroup Chief Revenue Officer.

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