Foley Trasimene Acquisition Corp. Completes Business Combination with Alight Solutions

Abbott, Stringham & Lynch Acquires ArightCo

May 15, 2026

Accounting & Tax

Abbott, Stringham & Lynch (ASL), a Silicon Valley full-service CPA firm, announced it acquired San Jose-based ArightCo, an integrated finance and accounting solutions provider for mid-sized organizations. The acquisition is intended to expand ASL’s outsourced finance and accounting offerings for current and future clients.

H.I.G. Capital to Acquire Alight’s Payroll and Professional Services Business for Up to $1.2 Billion

March 21, 2024

IT Services

H.I.G. Capital announced that an affiliate has signed a definitive agreement to acquire Alight, Inc.’s Payroll and Professional Services Business for up to $1.2 billion. The transaction is expected to close by mid-year and is structured as $1 billion in cash plus up to $200 million in seller notes, subject to customary closing conditions.

Alight Solutions Acquires ConsumerMedical

August 26, 2021

Healthcare Services

Alight Solutions has signed a definitive agreement to acquire ConsumerMedical, a clinical advocacy and expert medical opinion provider. The acquisition will integrate ConsumerMedical’s decision-support, claims advocacy and AI-based predictive tools into Alight’s Worklife platform to enhance employer healthcare navigation and improve outcomes while reducing costs; the deal is expected to close in the third quarter subject to customary conditions.

Foley Trasimene Acquisition Corp. II Combines with Paysafe

December 7, 2020

Payments & Fintech

Foley Trasimene Acquisition Corp. II has entered into a definitive merger agreement to combine with Paysafe Group Holdings Limited, creating a publicly listed Paysafe (PSFE) with an implied pro-forma enterprise value of approximately $9 billion. The transaction includes a $2.0 billion private placement (PIPE) from multiple institutional and private investors and is intended to de-lever the company and accelerate Paysafe's growth and M&A strategy.

Alithya Acquires Travercent LLC to Expand Oracle Cloud Healthcare Capabilities

December 16, 2019

IT Services

Alithya Group Inc. acquired Travercent LLC, a US-based Oracle cloud-focused consulting group specialized in the healthcare sector, for approximately US$18.0 million paid in cash and Alithya subordinate voting shares. The transaction adds Travercent's Oracle cloud implementation expertise and its CAPSURETM healthcare supply-chain IP to Alithya's enterprise solutions, strengthening Alithya's healthcare and Oracle cloud capabilities in the United States.

Alight Solutions Acquires NGA Human Resources

November 4, 2019

Professional Services

Alight Solutions completed the acquisition of NGA Human Resources to combine complementary payroll and HR technology and services, enhancing global payroll delivery and HR outsourcing capabilities. The deal expands Alight’s geographic reach and product portfolio by integrating NGA’s global payroll platforms and expertise into Alight’s benefits, payroll and cloud offerings; financial terms were not disclosed.