UKG, a Weston, FL-based provider of HR, payroll, and workforce management solutions, acquired Quorbit, an Oxford, UK-based provider of long-term workforce planning solutions.
The amount of the deal was not disclosed.
With the acquisition, UKG will help organisations achieve new levels of operational excellence by bringing together strategic planning with employee development, and will further strengthen its market leadership for solutions designed in service of people.
Led by CEO Matt Brown, Quorbit helps large and complex organisations strategically plan future workforce decisions with detailed modelling, associated labour budgets, and recruitment strategies. Built in the Google Cloud Platform, which also powers UKG solutions, Quorbit forecasts staffing needs years into the future, empowering organisations to optimise operations while proactively crafting growth and learning opportunities for all people.
Led by CEO Chris Todd, UKG provides HR, payroll, and workforce management solutions. Born from a merger that created a HCM cloud company, its life-work technology approach to HR, payroll, and workforce management solutions serves more than 70,000 organizations around the globe and across every industry.
FinSMEs
10/11/2022