M&A Deal Summary

UKG Acquires 3i Systems

On September 22, 2004, UKG acquired software company 3i Systems

Acquisition Highlights
  • This is UKG’s 1st transaction in the Software sector.
  • This is UKG’s 1st transaction in the United States.
  • This is UKG’s 1st transaction in Virginia.

M&A Deal Summary

Date 2004-09-22
Target 3i Systems
Sector Software
Buyer(s) UKG
Deal Type Add-on Acquisition

Target

3i Systems

Virginia, United States
3i Systems is a workforce management vendor whose systems are deployed in many federal government agencies.

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Buyer(S) 1

Buyer

UKG

Lowell, Massachusetts, United States

Category Company
Founded 1977
Sector Internet Software and Services
DESCRIPTION

UKG is a provider of cloud-based workforce management solutions. Company solutions, which include time and labor, scheduling, talent management, human resources, payroll, absence management, labor activity tracking, data collection, self-service and workforce analytics are designed for a wide range of businesses and organizations from single-site to large multi-site enterprises. UKG was founded in 1977 and is based in Lowell, Massachusetts.


DEAL STATS #
Overall 1 of 25
Sector (Software) 1 of 13
Type (Add-on Acquisition) 1 of 21
State (Virginia) 1 of 1
Country (United States) 1 of 19
Year (2004) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-06 AD OPT Technologies

Montreal, Quebec, Canada

AD OPT Technologies, Inc. is an aviation software that provides crew management solutions to some of the biggest names in the global airline industry. AD OPT is a widely recognized name for over 30 years in the global aviation industry for digital innovation, and its progressive crew optimization technology helps airlines assign cockpit and cabin crew to the flights in the most optimal manner to achieve operational efficiency, maintain full regulatory compliance, reduce operational costs and at the same time improve quality of life of the crew.

Buy $58M