TriNet | February 19, 2022
TriNet, (NYSE: TNET), a leading provider of comprehensive human resources (HR) solutions for small and medium-size businesses (SMBs), today announced an exclusive partnership with WeWork (NYSE: WE), a leading flexible space provider, to become the company's professional employer organization partner (PEO) in the United States.
Through the partnership, WeWork's SMB members will be able to purchase full-service HR solutions from TriNet. Additionally, TriNet employees, as well as its 23,000 SMB clients—which span more than 600,000 people—will be provided with the option to purchase WeWork All Access memberships at a discounted rate.
"TriNet's HR solutions complement our focus on offering the exceptional experiences and resources that empower organizations to thrive and to do their best work," said Doug Smith, Head of All Access and Marketplace, WeWork. "Our partnership with TriNet will help enable our members of all sizes to focus on growing their business, while leaving such critical HR needs to the experts."
-TriNet President and CEO Burton M. Goldfield.
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll, all enabled by industry leading technology capabilities. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, Benefits, Employee Engagement, Payroll and Time & Attendance. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.
UKG | May 21, 2022
UKG, a leading provider of HR, payroll, and workforce management solutions for all people, announced today that M Group Services, one of the largest essential infrastructure services organizations in the U.K. and Ireland, has selected UKG Dimensions to support its rapid growth and provide a more transparent and empowering employee experience.
M Group Services employs more than 10,000 skilled specialists and provides services within the water, energy, transport, and telecommunications sectors. With 240 locations, 19 operating businesses, and continued growth by acquisition, the organization sought a flexible workforce management solution to support its complex and highly remote workforce as well as improve productivity and operational efficiency.
“We have a mix of salaried and hourly employees, including meter readers, utility workers, field systems technicians, and engineers — many who work offsite each day. There’s also a lot of complexity in our business and how we pay people based on the type of work they do, For years, we’ve relied on spreadsheets to capture the hours our employees work, which has proved to be a cumbersome and inaccurate operation. Dimensions will automate those processes to ensure we’re getting the data right and paying our people correctly. Dimensions will empower our people to be in control of their time by allowing them to record their hours directly in the system, In turn, that will give us much-needed, real-time visibility into labor hours so we can charge clients correctly and ensure every employee paycheck is accurate.”
-Colin Jellicoe, group human resources director at M Group Services.
A key driver for the organization’s selection of Dimensions is the ability to integrate with the company’s payroll solution, which M Group Services estimates will save more than $1 million in administrative costs.
Jellicoe added that the Dimensions mobile app will deliver a more transparent and engaging experience for all employees, which is critically important to the organization.
M Group Services believes the increase in employee engagement will result in an increase in retention.
At UKG, our purpose is people. As strong believers in the power of culture and belonging as the secret to success, we champion great workplaces and build lifelong partnerships with our customers to show what’s possible when businesses invest in their people. Born from a historic merger that created one of the world’s leading HCM cloud companies, our Life-work Technology approach to HR, payroll, and workforce management solutions for all people helps more than 70,000 organizations around the globe and across every industry anticipate and adapt to their employees’ needs beyond just work.
Littlejohn Capital | January 11, 2022
LJC Investments V, LLC, an investment vehicle controlled by Littlejohn Capital, LLC ("Littlejohn Capital"), today announced the acquisition of Alto Healthcare Staffing ("Alto"), a diversified healthcare staffing firm.
Alto was established in 2003 in line with the personal values and mission of Founder and RN Leslie Kahn. Alto's three key business lines include providing clinical temporary staffing primarily for nursing homes and long-term care facilities on a per diem or short-term contract basis; travel nurses primarily to hospitals; and medical assistants to doctors' offices. Alto is headquartered in Dayton, OH.
"Littlejohn took the time to really get to know our business and our management team, and we were greatly impressed with their relevant experience in the staffing sector. With their partnership, we believe we can grow while remaining true to our mission. Littlejohn will provide valuable resources to help us accelerate our growth and build on our relationships with healthcare facilities, hospitals and doctors. Our goal is to provide industry leading services to more customers and provide the right healthcare professionals to patients wherever they are needed most."
-Leslie Kahn, President of Alto
"Over the past several months, we have gotten to know Leslie and her team and were very impressed by the company she has built and the differentiated approach Alto's talented healthcare professionals provide to long-standing clients. The healthcare staffing industry is experiencing dynamic growth, and Alto's services have become a more viable and easily accessible option for healthcare facilities across the country. We look forward to working with Leslie to help achieve her vision of expanding Alto's compassionate care and leveraging the experience from our successful investment in Hospitality Staffing Solutions as we further diversify the business geographically."
-Angus C. Littlejohn III, President of Littlejohn Capital
Staffing industry veteran Timothy McPherson, who served as CEO of former Littlejohn Capital portfolio company Hospitality Staffing Solutions, will join the Alto Board of Managers, in addition to Mr. Littlejohn III and Littlejohn Capital Chairman, Angus Littlejohn, Jr.
UHY Corporate Finance served as financial adviser to Alto and Morrison Cohen LLP provided legal counsel to Littlejohn Capital on the transaction.
About Littlejohn Capital
Littlejohn Capital is the family office of Angus C. Littlejohn Jr., co-founder of Littlejohn & Co., where he currently serves as Chairman. The platform seeks to make control investments in small to mid-sized private companies that are undergoing strategic, operational or generational transition.
Betterleave | April 04, 2022
Betterleave Bereavement announced the launch of its bereavement care platform for employers and health plans, built to support employees experiencing the death of a family member, friend, colleague, pet or pregnancy loss. Companies use Betterleave to help employees navigate the complex bereavement landscape with the help of care coordinators and top death care experts, products & services together in one place, saving time and money. Betterleave's program delivers bereavement care through personalized funeral, memorial and estate coordination, life & financial planning, and integrated grief resources.
"Betterleave is addressing a critical gap in employer support by offering a platform that equips HR partners and managers with the tools & insights to support employees experiencing bereavement"
-Tracy Desmond, Head of Global Benefits, Wellbeing & Mobility at Airbnb.
Betterleave is the only comprehensive bereavement benefit for employees, disrupting how the market and employers are approaching bereavement leave & support for working families. By offering tech-enabled, personalized coordination through the Betterleave platform, companies are able to support the wellbeing of their employees.
"At a time when the best talent is looking for more, Betterleave is offering employers a way to demonstrate that they truly care about their employees, We are excited to be part of Betterleave's quest to modernize the death care industry."
-Dana Zachgo Wright, Managing Director at MATH Venture Partners.
While the death care industry continues to take steps forward, the majority of providers are still stuck in the past. The experience individuals have today is fragmented, expensive and time consuming–taking over 500 hours to settle affairs after the death of a loved one. Driven by the mission to make understanding and navigating death care effortless, Betterleave has created a platform to help with the administrative, financial, and emotional impact of bereavement.
"We believe that bereavement care is a core and essential component of health and wellbeing, We are not solving for a temporary need or trend, but a fact of life. Bereavement impacts all of us and we plan to drive meaningful, digital & sustained change to the industry."
-Cara McCarty, Founder & CEO, Betterleave.
Founded in 2022, Betterleave is backed by HR Leaders, Strive Ventures, Math Venture Partners, and The Fund.