Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced it has entered into a definitive share sale agreement to acquire Ascender, a leading payroll and HR solutions provider in Asia Pacific Japan (APJ). Together with Ascender, Ceridian will provide the most comprehensive payroll and human capital management solutions in the region. The transaction is expected to close in the second quarter of 2021.
“The acquisition of Ascender will strengthen our leadership in the APJ region, accelerate our global growth strategy, and deliver even greater value to our customers,” said David Ossip, Chairman and CEO, Ceridian. “I look forward to welcoming the Ascender team to Ceridian and to working together on our shared vision to create exceptional employee experiences.”