Alight Solutions is an information technology and consulting company based in Chicago, Illinois. The company provides cloud-based digital business and human capital service solutions; particularly within the areas of wealth and health resources.[2] The company went public on July 6, 2021, trading in the New York Stock Exchange under ALIT.[3]
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.[4][5] It is headquartered in Chicago, Illinois.[6][7]
Acquisitions
In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand.[8] In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas.[9][10] In February 2019, India's third largest software services exporter Wipro sold their Workday and Cornerstone OnDemand business to Alight Solutions for $110 million.[11] On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an Adaptive Insights implementation partner.[12] On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions.[13] On August 22, 2019, Alight Solutions announced the acquisition of NGA Human Resources, a provider of digital human resources and global payroll services.[14]
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.[15][16]
Awards
Alight was certified as a Great Place to Work in October 2018.[17] The International Association of Outsourcing Professionals (IAOP) named Alight to The Best of the Global Outsourcing 100 in May 2019.[18] In April 2024 Fortune magazine awarded Alight 74 of 100 companies to work for.[19]