Tech Company M&A Transactions
PeopleDoc Acquisition
PeopleDoc, based in New York, was bought by Ultimate Software. Deal value was $300 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/18/2018
Transaction Type
M&A
Amount
$300,000,000
M&A Terms
Ultimate Software plans to acquire PeopleDoc for approximately $300 million, to be paid with a combination of cash and shares of Ultimate Software common stock, with approximately $75 million of cash to be paid at the closing and approximately $50 million of cash to be paid 12 months after the closing date.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
535 Eighth Ave. 18th Floor
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Website
Email Address
Overview
PeopleDoc Inc. is a fully owned subsidiary of Novapost S.A.S., the leading provider of personnel file management systems in France with customers including Dow Chemical, Motorola, Starbucks and Nespresso. PeopleDoc Inc. has offices in Paris, New York and Boston.
Management Team
Title
Name
Email & Social
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