Alight announces agreement to sell payroll and professional services business for up to $1.2 billion

Lincolnshire, ill.--(business wire)--alight, inc. (nyse: alit), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its professional services segment and its payroll & hcm outsourcing businesses within the employer solutions segment (the “payroll & professional services business”) to an affiliate of h.i.g. capital for up to $1.2 billion, subject to certain adjustments. this values the payroll & profe.
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