We’re writing to let you know that Solen Software Group, an evergreen private equity firm with a history of investing in mission-critical software companies, has signed a definitive agreement to acquire UKG AutoTime®.
While there is no change to your AutoTime solution or processes at this time, we wanted you to be the first to know of this next chapter for your AutoTime solution. UKG believes Solen Software Group—with its track record of investing in enduring software solutions—is ideally suited to take AutoTime into the future.
Upon closing, Chris Thomas will serve as CEO of AutoTime to lead the company in this exciting new chapter. Mr. Thomas has over 20 years of industry experience, including four years leading the AutoTime business within UKG.
UKG will continue to support you throughout this acquisition, which is expected to close within 60 days, to ensure a smooth transition for you and your people. Your organization will remain an important part of UKG as we continue to partner with you for your other UKG solutions. We appreciate your ongoing trust and partnership.
We’ll be in touch in the coming weeks with more details on what to expect once the acquisition closes. In the meantime, if you have any questions, please reach out to hello@ukg.com.
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