Alight Solutions - M&A Summary and Business Overview

Information TechnologyCompany

Alight Solutions M&A Summary

Alight Solutions has acquired 8 companies, including 8 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 2 assets.

Alight Solutions’ largest acquisition to date was in 2019, when it acquired Wipro - Workday and Cornerstone OnDemand Business for $110M. It’s largest disclosed sale occurred in 2024, when it sold Strada to H.I.G. Private Equity for $1.2B. Alight Solutions has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include internet software and services (29%) and business services (29%).

Alight Solutions Business Overview

Where is Alight Solutions headquartered?

Alight Solutions is headquartered in Lincolnshire, Illinois.

What is Alight Solutions’ revenue?

Alight Solutions disclosed revenue of 3,132M USD for 2023 and 3,410M USD for 2022.

How many employees does Alight Solutions have?

Alight Solutions has 18,000 employees.

What sector is Alight Solutions in?

Alight Solutions is an information technology company.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity7
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 6
  • M&A Advisors 3

Alight Solutions

Alight, Inc.

4 Overlook Point,
Lincolnshire, Illinois 60069
United States,
(224) 737-7000
www.alight.com

Alight Solutions is a provider of outsourced benefits administration and human capital technology. The Company helps drive better health and financial outcomes for employers, employees and plan participants by leveraging proprietary technology, deep domain expertise and global delivery capabilities. Alight Solutions is based in Lincolnshire, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 4 - 2 1 - - 7
vol $110M $110M
Sell (0.2/yr) # 1 - - - - 1 2
vol $1.2B $1.2B
  9

Most Recent M&A

Company Date Value Type
Strada 2024-03-20 1.2B USD Divestiture
Doral, Florida · www.stradaglobal.com
Reed Group Ltd. 2022-12-06 - Divestiture
Westminster, Colorado · www.reedgroup.com
Consumer’s Medical Resource, Inc. 2021-08-26 - Add-on Acquisition
Norwell, Massachusetts · www.consumermedical.com
Aon Hewitt Health Market Insurance Solutions, Inc. 2021-06-03 - Divestiture
Chicago, Illinois · www.retiree.aon.com
Northgate Information Solutions Ltd. 2019-08-22 - Add-on Acquisition
London, United Kingdom · www.ngahr.com
Hodges-Mace Benefits Group, Inc. 2019-07-02 - Add-on Acquisition
Atlanta, Georgia · www.hodgesmace.com
Wipro Ltd. - Workday and Cornerstone OnDemand Business 2019-02-27 110M USD Divestiture
Bengaluru, India
Carlson Management Consulting 2019-02-22 - Add-on Acquisition
Woburn, Massachusetts · www.carlsonmc.com
Alight Solutions - India Business 2018-07-20 - Divestiture
Lincolnshire, Illinois
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (29%) - 1 (50%) 1.2B (100%)
Information Technology 2 (29%) 110M (100%) 1 (50%) -
Internet Software and Services 2 (29%) - - -
Insurance 1 (14%) - - -
Total 7 $110M 2 $1.2B

By Geo

State/Country Buy Value Sell Value
United States 5 - 2 1.2B
  Massachusetts 2 - - -
  Illinois 1 - 1 -
  Georgia 1 - - -
  Colorado 1 - - -
  Florida - - 1 1.2B
India 1 110M - -
United Kingdom 1 - - -
Domestic 5 (71%) - 2 (100%) 1.2B (100%)
Cross-border 2 (29%) 110M (100%) - -
Total 7 $110M 2 $1.2B

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
1
Legal Deals
Simpson Thacher & Bartlett
1
Kirkland & Ellis
1

Deal Values

buy # Total
$100M to $1B 1 $110M
TOTAL $110M
Largest Wipro Ltd. - Workday and Cornerstone OnDemand Business
$110M (2019-02-27)
sell # Total
> $1B 1 $1.2B
TOTAL $1.2B
Largest Strada
$1.2B (2024-03-20)

M&A Connections

Deals
Acquired from
Investor(s)
29%
2 (29%)
Strategic(s)
43%
3 (43%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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