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  5. Ascender HCM Acquires Workcloud Co.

M&A Deal Summary

Ascender HCM Acquires Workcloud Co.

On February 15, 2017, Ascender HCM acquired internet software and services company Workcloud Co.

Acquisition Highlights
  • This is Ascender HCM’s 1st transaction in the Internet Software and Services sector.
  • This is Ascender HCM’s 1st transaction in Japan.

M&A Deal Summary
Date 2017-02-15
Target Workcloud Co.
Sector Internet Software and Services
Buyer(s) Ascender HCM
Deal Type Add-on Acquisition

Target

Workcloud Co.

Tokyo, Japan
Workcloud Co., Ltd. is a Payroll and Time & Attendance (T&A) services provider. Workcloud Co., Ltd. was established in 2014 and is headquartered in Tokyo, Japan.

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Buyer(S) 1

Buyer

Ascender HCM

Mascot, Australia
Category Company
Founded 1976
Sector Business Services
DESCRIPTION

Ascender HCM is a provider of payroll accounting and personnel management services for organizations. Ascender HCM was founded in 1976 and is based in Mascot, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Japan M&A 1 of 1
Year: 2017 M&A 1 of 1
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