Alight

Alight

Cloud-based human capital technology and services provider that empowers organizations to manage employee benefits, health, wealth, and wellbeing.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth7 %7 %9 %(32 %)1 %4 %5 %
EBITDA0000000000000000000000000000
% EBITDA margin16 %14 %10 %13 %27 %27 %28 %
Profit0000000000000000000000000000
% profit margin(3 %)(2 %)(10 %)(7 %)-3 %3 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Equity research estimates

More about Alight
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Alight Solutions is a pioneering company in the field of human capital management, offering a comprehensive suite of cloud-based digital solutions designed to streamline and enhance the administration of employee benefits, health, wealth, and wellbeing. Founded in May 2017 following the acquisition of Aon Hewitt's benefits outsourcing department by Blackstone Group, Alight has rapidly evolved into a leading provider of innovative HR services. The company's headquarters in Chicago, Illinois, serves as a hub for its operations across the U.S. and Canada, with a workforce of approximately 10,000 employees as of July 2024.

At the heart of Alight's offerings is the Alight Worklife platform, which leverages artificial intelligence and big data analytics to provide employers with deep insights into their workforce's engagement with benefits programs. This platform empowers organizations to make informed decisions about their HR strategies, ensuring that employees receive personalized support and benefits management throughout significant life events. By integrating health, financial wellness, and payroll solutions, Alight Worklife enhances the overall employee experience, leading to increased wellbeing, engagement, and productivity.

Alight's business model is built around a robust subscription-based service, complemented by professional consulting fees. This approach allows the company to maintain a steady revenue stream while continuously investing in innovation and technology. The company's commitment to using AI and data analytics not only improves operational efficiency for its clients but also positions Alight as a leader in the human capital management sector.

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Investments by Alight

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Hodges-Mace
ACQUISITION by Alight Jul 2019
ConsumerMedical
ACQUISITION by Alight Aug 2021
Compass Professional Health Services
ACQUISITION by Alight Jun 2018
NGA HR
ACQUISITION by Alight Nov 2019
Reed Group
ACQUISITION by Alight Dec 2022