News

April 1st, 2020

Kronos and Ultimate Software Complete Merger

LOWELL, Mass. & WESTON, Fla Kronos Incorporated and Ultimate Software today announced that they have completed their planned merger as announced on Feb. 20, creating the world’s most innovative human capital management (HCM) and workforce management company to help organizations…

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March 16th, 2020

Hellman & Friedman to Acquire Cybersecurity Leader Checkmarx at a $1.15B Valuation

TEL AVIV, Israel (BUSINESS WIRE) Checkmarx, the global leader in software security solutions for DevOps, today announced that Hellman & Friedman (“H&F”) has entered into a definitive agreement to acquire the Company from Insight Partners, which will continue to own…

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March 5th, 2020

Hellman & Friedman Wins 2019 Private Equity International Award for Deal of the Year in North America for Ultimate Software

At the beginning of 2019, San Francisco-based Hellman & Friedman led a consortium that acquired publicly traded Ultimate Software, a global provider of HR products and services in the cloud, in a transaction valued at approximately $11 billion, or $331.50 a share…

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February 20th, 2020

Kronos and Ultimate Software Enter Definitive Merger Agreement Creating Company Valued at $22 Billion

LOWELL, Mass. & WESTON, Fla (Business Wire) Merger brings together world-renowned best places to work, with plans to add 3,000 employees over three years Kronos Incorporated and Ultimate Software today announced that they have entered into a definitive merger agreement…

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February 5th, 2020

PPD, Inc. Announces Pricing of its Initial Public Offering

WILMINGTON, N.C. PPD, Inc. (PPD) today announced the pricing of its initial public offering of 60 million shares of its common stock at $27 per share. Shares of PPD’s common stock are expected to begin trading on The Nasdaq Global…

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