Alight Solutions

This article is about the consulting company. For the nonprofit organization, see Alight.

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.

Alight, Inc.

Company type	Public company
Traded as	NYSE: ALIT (Class A) Russell 2000 component
Industry	Professional services
Founded	May 2017; 8 years ago (2017-05)
Headquarters	Chicago, Illinois , United States
Number of locations	15 (2024)
Area served	United States, Canada
Key people	Dave Guilmette (CEO)
Services	401(k) retirement Benefits consulting Financial management Human resources Health benefits administration
Net income	US$–73 million (2021)
Number of employees	Approx. 10,000 (2024)
Website	alight.com

The company is headquartered in Chicago, Illinois. The company went public on July 6, 2021, trading in the New York Stock Exchange under ALIT.^[1]

History

Foundation

Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P.^[2][3][4][5]

Growth through acquisitions

In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand.^[6] In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas.^[7][8]

In September 2018, India's third largest software services exporter Wipro announced a $1.5 billion, 10-year engagement with Alight Solutions. According to its contract with Alight, Wipro has been mandated to digitally transform the Illinois-headquartered company's business.^[9][10] In February 2019 Wipro went on to sell their Workday and Cornerstone OnDemand installations to Alight Solutions for $110 million.^[11]

On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an Adaptive Insights implementation partner.^[12] On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions.^[13] On August 22, 2019, Alight Solutions announced the acquisition of NGA Human Resources, a provider of digital human resources and global payroll services.^[14]

On July 6, 2021, the had an initial public offering (IPO) on the New York Stock Exchange. In August 2024, Dave Guilmette was hired as the new CEO of the company.^[15]

Recognition

Alight was certified as a Great Place to Work in October 2018.^[16] The International Association of Outsourcing Professionals (IAOP) named Alight to The Best of the Global Outsourcing 100 in May 2019.^[17] In April 2024 Fortune magazine awarded Alight 74 of 100 companies to work for.^[18]