# Alight Solutions > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Alight_Solutions > Markdown URL: https://mediated.wiki/source/Alight_Solutions.md > Source: https://en.wikipedia.org/wiki/Alight_Solutions > Source revision: 1298237560 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) {{short description |Information Technology and consulting company based in Chicago, Illinois}} {{Use American English |date=August 2024}} {{Use mdy dates |date=August 2024}} {{about |the consulting company |the nonprofit organization |Alight}} {{Infobox company | name = Alight, Inc. | logo = Alight Solutions Logo.png | type = [Public company](/source/Public_company) | traded_as = {{ubl|{{NYSE|ALIT}} (Class A)|[Russell 2000](/source/Russell_2000) component}} | industry = [Professional services](/source/Professional_services) | founded = {{Start date and age|2017|05}} | hq_location_city = [Chicago, Illinois](/source/Chicago%2C_Illinois) | hq_location_country = [United States](/source/United_States) | num_locations = 15 | num_locations_year = 2024 | area_served = United States, Canada | key_people = Dave Guilmette ([CEO](/source/Chief_executive_officer)) | services = {{plainlist| *401(k) retirement *Benefits consulting *Financial management *Human resources *Health benefits administration }} | net_income = {{increase}} US$–73 million | net_income_year = 2021 | num_employees = Approx. 10,000 | num_employees_year = 2024 | website = {{URL|alight.com}} }} '''Alight Solutions''' is an American [information technology and consulting](/source/information_technology_consulting) company that provides cloud-based systems, outsourcing and consultancy related to [human resource](/source/human_resource). They provide platforms and outsourcing for large companies to manage their [human capital](/source/human_capital) this includes health benefit administration, financial management and retirement planning. The company is headquartered in [Chicago, Illinois](/source/Chicago%2C_Illinois). The company went public on July 6, 2021, trading in the [New York Stock Exchange](/source/New_York_Stock_Exchange) under ALIT.{{cite news|last1=Miller|first1=Ben|title=Alight Solutions goes public after $7.3 billion SPAC merger with Foley|url=https://www.bizjournals.com/chicago/news/2021/07/06/alight-solutions-goes-public-after.html|access-date=August 19, 2021|work=[Chicago Business Journal](/source/Chicago_Business_Journal)|date=July 6, 2021|url-access=subscription}} == History == === Foundation === Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of [Aon Hewitt](/source/Aon_Hewitt) by private equity funds affiliated with [Blackstone Group L.P.](/source/Blackstone_Group_L.P.){{Citation|last=Jamerson|first=Joshua|date=February 10, 2017|title=Blackstone to Buy Aon's Human Resources Outsourcing Platform for $4.3 Billion|publisher=[The Wall Street Journal](/source/The_Wall_Street_Journal)|publication-place=[New York City](/source/New_York_City)|url=https://www.wsj.com/articles/blackstone-to-buy-aons-human-resources-outsourcing-platform-for-4-3-billion-1486728608?tesla=y}}{{Citation|date=June 6, 2017|title=Introducing Alight Solutions: Leading benefits administration and cloud-based HR services provider re-launches with new name|url=https://www.prnewswire.com/news-releases/introducing-alight-solutions-leading-benefits-administration-and-cloud-based-hr-services-provider-re-launches-with-new-name-300469128.html|website=PR Newswire|publisher=Cision|accessdate=6 January 2020|quote=SOURCE Alight Solutions}}{{Cite web |date=2021-01-29 |title=Alight Solutions Office Locations and Headquarters: Woodbury, NY |url=https://www.zippia.com/alight-com-careers-102608/locations/ |access-date=2023-02-08 |website=www.zippia.com |language=en-US}}{{Cite web |title=Alight - Products, Competitors, Financials, Employees, Headquarters Locations |url=https://www.cbinsights.com/company/aon-hewitt-benefits-hr-service-platform |access-date=2023-02-08 |website=www.cbinsights.com}} === Growth through acquisitions === In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand.{{Citation|date=March 1, 2018|title =Alight Solutions to Acquire Future Knowledge|url=https://www.hrtechnologist.com/news/benefits-administration/alight-solutions-to-acquire-future-knowledge-to-strengthen-cloud-deployment-capabilities/}} In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas.{{Citation|last=Isbell|first=Faith|publisher=[Dallas Business Journal](/source/Dallas_Business_Journal)|date=June 13, 2018|title=Dallas-based health care company acquired by Alight Solutions|url=https://www.bizjournals.com/dallas/news/2018/06/13/dallas-based-health-care-company-acquired-by.html}}{{Citation|last=Chaudhary|first=Mayuri|publisher=HR Technologist|date=March 1, 2018|title=Alight Solutions Acquires Compass Professional Health Services to Grow Health Navigation Capabilities|url=https://www.hrtechnologist.com/news/health-medical/alight-solutions-acquires-compass-professional-health-services-to-grow-health-navigation-capabilities/}} In September 2018, India's third largest software services exporter [Wipro](/source/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.{{Citation|publisher=[The Register](/source/The_Register)|date =September 8, 2018|title=Wipro can't believe its luck at sealing 10-year deal worth $1.6bn with Alight Solutions|url=https://www.theregister.co.uk/2018/09/03/alight_solutions_to_fling_up_to_16bn_at_wipro_over_10_years/}}{{Citation|publisher=[Business Standard](/source/Business_Standard)|date=September 3, 2018|title=Wipro wins biggest contract of over $1.5 billion from Alight Solutions|newspaper=Business Standard India|url=https://www.business-standard.com/article/companies/wipro-wins-biggest-ever-contract-worth-over-1-5-bn-from-alight-solutions-118090200519_1.html|last1=Mohapatra|first1=Debasis}} In February 2019 Wipro went on to sell their [Workday](/source/Workday%2C_Inc.) and [Cornerstone OnDemand](/source/Cornerstone_OnDemand) installations to Alight Solutions for $110 million.{{Citation|publisher=[Bloomberg](/source/Bloomberg_News)|date=February 27, 2019|title=Wipro To Sell Workday, Cornerstone OnDemand Business To Alight For Up To $110 Million|url=https://www.bloombergquint.com/business/wipro-to-sell-workday-cornerstone-on-demand-business-to-alight-for-up-to-usd-110-mn}} On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an [Adaptive Insights](/source/Adaptive_Insights) implementation partner.{{Citation|publisher=HR Technologist|date=February 22, 2019|title=Alight Solutions Acquires Carlson Management Consulting|url=https://www.hrtechnologist.com/news/performance-management-hcm/alight-solutions-acquires-carlson-management-consulting/}} On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions.{{Citation|publisher=AtlantaInno|date=July 10, 2019|title=Employee Benefits Platform Hodges-Mace Acquired by Alight Solutions|url=https://www.americaninno.com/atlanta/fundings/employee-benefits-platform-hodges-mace-acquired-by-alight-solutions/}} On August 22, 2019, Alight Solutions announced the acquisition of [NGA Human Resources](/source/Northgate_Information_Solutions), a provider of digital human resources and global payroll services.{{Citation|publisher=Chicago Daily Herald|date=August 22, 2019|title=Alight Solutions acquires NGA Human Resources |url=https://www.dailyherald.com/business/20190822/alight-solutions-acquires-nga-human-resources#comments}} On July 6, 2021, the had an [initial public offering](/source/initial_public_offering) (IPO) on the [New York Stock Exchange](/source/New_York_Stock_Exchange). In August 2024, Dave Guilmette was hired as the new CEO of the company.{{cite news |title=Alight Names Dave Guilmette as Chief Executive Officer |url=https://www.businesswire.com/news/home/20240826928141/en/Alight-Names-Dave-Guilmette-as-Chief-Executive-Officer |access-date=November 10, 2024 |work=Business Wire |date=August 26, 2024}} == Recognition == Alight was certified as a Great Place to Work in October 2018. {{Citation|title=Alight Solutions – Great Place to Work United States|url=https://www.greatplacetowork.com/certified-company/7010374}} The International Association of Outsourcing Professionals (IAOP) named Alight to The Best of the Global Outsourcing 100 in May 2019.{{Citation|title=The Best of the Global Outsourcing 100 - Leaders - iaop.org|url=https://www.iaop.org/Content/19/165/5076}} In April 2024 Fortune magazine awarded Alight 74 of 100 companies to work for.{{cite web |title=Fortune Media and Great Place to Work Recognize Alight as a '100 Best Companies to Work For' in 2024 |url=https://finance.yahoo.com/news/fortune-media-great-place-recognize-122800218.html |website=Yahoo Finance |date=4 April 2024 |access-date=13 May 2024}} ==References== {{Reflist}} ==External links== {{Finance links | name = Alight, Inc. | symbol = ALIT | reuters = ALIT.N | bloomberg = ALIT:US | sec_cik = 1809104 | yahoo = ALIT | google = ALIT:NYSE }} Category:American companies established in 2017 Category:Business services companies established in 2017 Category:Companies based in Lake County, Illinois Category:Lincolnshire, Illinois Category:Business process outsourcing companies of the United States Category:Corporate spin-offs Category:Companies listed on the New York Stock Exchange --- Adapted from the Wikipedia article [Alight Solutions](https://en.wikipedia.org/wiki/Alight_Solutions) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Alight_Solutions?action=history)). 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