Alight

#2384

Rank

$5.39B

MarketCap US

US United States

Country

Summary
Alight, Inc. operates as a cloud-based provider of integrated digital human capital and business solutions worldwide. It operates through three segments: Employer Solutions, Professional Services, and Hosted Business. The company's solutions enable employees to enrich their health, wealth, and wellbeing, which helps organizations achieve a high-performance culture. It offers employer solutions comprising integrated benefits administration, healthcare navigation, financial health, employee wellbeing, and payroll; and professional services, including cloud deployment and consulting offerings that provides human capital and financial platforms, as well as cloud advisory and deployment, and optimization services for cloud platforms, such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand. Alight, Inc. was founded in 2017 and is headquartered in Lincolnshire, Illinois.

History

Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P.

Acquisitions

In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand. In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas. In February 2019, India's third largest software services exporter Wipro sold their Workday and Cornerstone OnDemand business to Alight Solutions for $110 million. On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an Adaptive Insights implementation partner. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. On August 22, 2019, Alight Solutions announced the acquisition of NGA Human Resources, a provider of digital human resources and global payroll services.

Partnerships

In September 2018, Wipro announced a $1.5 billion, 10-year engagement with Alight Solutions. According to its contract with Alight, Wipro has been mandated to digitally transform the Illinois-headquartered company's business.


Mission
As a leading provider of human capital solutions, we help our clients and their people navigate the complexity of health, wealth and HR. We combine data-driven, consumer-centered technology with personalized care and service to deliver a superior customer experience.

Vision
Alight helps organizations achieve a higher level of performance by leveraging the best-in-class technology and expertise to enable clients to make more informed decisions.

Key Team

Mr. Gregory R. Goff (Chief Technology & Delivery Officer)

Mr. Cesar Jelvez (Chief Professional Services & Global Payroll Officer)

Mr. Gregory Faje (VP of Investor Relations)

Ms. Kelley Michalik (Chief Marketing Officer)

Mr. Michael J. Rogers (Chief HR Officer)

Mr. Dinesh V. Tulsiani (Chief Strategy Officer)

Ms. Paulette R. Dodson (Corp. Sec.)


Recognition and Awards
Alight has been recognized as one of the leading HR consulting firms by industry leaders such as Forrester, Gartner, and The Source of HR. Alight has also been named one of the 50 Most Innovative Companies by HR Executive Magazine.

References
Alight
Leadership team

Mr. Stephan D. Scholl (CEO & Director)

Ms. Cathinka E. Wahlstrom (Pres & Chief Commercial Officer)

Ms. Katie Boehm-J. Rooney (Chief Financial Officer)

Products/ Services
Consulting, Human Resources, Professional Services, Software
Number of Employees
1,000 - 20,000
Headquarters
Lincolnshire, Illinois, United States
Established
2017
Company Registration
SEC CIK number: 0001809104
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
ALIT
Social Media
Sat Feb 24 2024
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