News: UKG to acquire Immedis from CluneTech

HR Technology

UKG to acquire Immedis from CluneTech

Post the acquisition of Immedis from CluneTech, UKG will launch UKG One View, to modernise and transform multi-country payroll for multinational businesses.
UKG to acquire Immedis from CluneTech

UKG, a provider of HR, payroll, and workforce management solutions, has reached an agreement to acquire Immedis, a global payroll provider with technology and services supporting over 160 countries.

Immedis, founded in Ireland in 2016, is a subsidiary of enterprise software firm CluneTech.

The acquisition is expected to be complete within 60 days, subject to closing conditions. Once complete, UKG will immediately be able to offer fully managed, multi-country payroll service for businesses headquartered in the U.S. and Canada that seek support processing payroll outside of North America, or that simply want a unified, global view of their payroll around the world.

“Having worked closely and strategically with Immedis for several years now, we’re thrilled to welcome the entire Immedis team into the UKG family,” said Chris Todd, CEO at UKG. 

Following the acquisition, UKG plans to launch UKG One View, a new platform developed in collaboration with Immedis that is intended to help companies integrate disparate payroll systems and technology across multiple geographies.

“Traditional global payroll is a cumbersome and complex process that too often relies on a patchwork approach, lacks transparency and insight, and is prone to errors that hurt both people and organisations,” said Hugo Sarrazin, chief product and technology officer at UKG. 

"As a longtime UKG partner, we have a great track record of success together,” said Irish entrepreneur Terry Clune, founder of Immedis and CluneTech. “Joining UKG expands the reach and impact of our ground-breaking technology. It also presents tremendous new opportunities for the exceptional people who make Immedis special. I am extremely proud of our incredible team, and I’m delighted that each of our 370 Immedis staff will gain from this acquisition.”

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Topics: HR Technology, #MergersAndAcquisitions

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