Simpson Thacher is representing UKG in connection with its announced acquisition of Immedis. The transaction is subject to customary closing conditions and is expected to close within 60 days. Financial terms of the transaction were not disclosed.
Immedis delivers secure, compliant, touchless payroll for global organizations in 160+ countries. The Immedis Platform provides payroll leaders a unified view of global payroll operations, real-time data analytics, and advanced reporting capability while ensuring legislative compliance and data security.
UKG is one of the world’s leading global providers of human capital management, payroll, HR service delivery and workforce management solutions.
The Simpson Thacher team includes Atif Azher, Naveed Anwar, Jack Traylor, Koh Tanimoto, Omar Kanjwal, Ondrej Gaiser-Palecek and Jeongsoo Kim (M&A); William Brentani and Karen Reyes (Capital Markets); Brian Steinhardt and Ben Persina (Credit); Russell Light, Matthew Lester and Shareef Salfity (Tax); Lori Lesser, Bobbie Burrows and Kate Mirino (Intellectual Property); David Rubinsky, Gary Tashjian and Joshua Stephens (Executive Compensation and Employee Benefits); and Sara Razi, Preston Miller and Christopher Kraft (Antitrust).