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Revenue. $1.433 billion (2019) [1] Owner. Hellman & Friedman. Number of employees. 6,000 (2019) [2] Website. www.kronos.com. Kronos Incorporated was an American multinational workforce management and human capital management cloud provider headquartered in Lowell, Massachusetts, United States, which employed more than 6,000 people worldwide.
The Blackstone Group (20–25%) [2] Number of employees. 12,000+ (2024) Website. www.ukg.com. UKG is an American multinational technology company with dual headquarters in Lowell, Massachusetts, and Weston, Florida. It provides workforce management and human resource management services.
On February 4, 2019, Hellman & Friedman Capital Partners announced it would purchase Ultimate Software Group for $11 billion; [6] the purchase closed on May 3, 2019. In February 2020, Ultimate Software announced its plan to merge with Kronos Incorporated to form a cloud-computing venture specializing in human resource software.
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Aron Ain is an American software technology executive [1][2] and author. He became the CEO of UKG (Ultimate Kronos Group) in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022. UKG was created from the merger of Ultimate Software and Kronos Incorporated, and provides global HCM [clarification needed] and ...
Ultimate Software has since been combined with Kronos Incorporated, and rolled into the brand Ultimate Kronos Group. [12] In December 2019, Hellman & Friedman acquired AutoScout24, a European automotive digital marketplace, for 2.9 billion euros ($3.2 billion) from Scout24. [13]
PeopleDoc was a cloud-based human resources service delivery and document management platform that was founded in France. In 2018, it was acquired by Ultimate Software for approximately $300 million. [1] UKG, the successor company of Ultimate Software delivers former PeopleDoc technology as part of their suite of solutions.
Jennifer Morgan (born March 13, 1971) is an American technology executive. She is currently CEO at UKG. Prior to her appointment in July 2024, Morgan was the first American woman ever appointed to the SAP Executive Board in 2017. [1] Morgan was the first female Chief Executive of SAP, and she was the first female CEO of a company on the DAX index.