Great Place to Work

Alden Advisors is pleased to announce the acquisition of its client, Great Place to Work® (“GPTW”), by Ultimate Kronos Group, Inc. (“UKG”). Great Place to Work is the global authority on workplace culture offering employee survey-based solutions. The Company provides its customers employee-sourced information and data required to adjust their workplace cultures, recruitment protocols, and employee engagement. Customers across the globe that achieve the coveted and branded “Great Place to Work Certification” are recognized in notable lists such as “The Best Place to Work,” “The Best Workplaces,” and “The Best Companies.” Companies that strive to make these renowned lists, curated using GPTW’s proprietary algorithms, are the pinnacles of great workplace cultures that possess intrinsic value superior to their peers.

With remarkable speed, Alden Advisors grasped the workings of commonplace HR-initiated employee assessment processes and the differentiating capabilities of our SaaS-based Emprising employee survey solution. More importantly though, at critical moments during the transaction process, they provided the key ingredient required to keep the deal moving toward closure,” commented Michael Bush, CEO of Great Place to Work®. Mr. Bush noted further that “Alden’s blend of technology understanding, operations, and legal insights added efficiency to my team, allowing us to stay focused on growing our business during the transaction.” Lastly, Mr. Bush offered, “I am happy, at any time, to be a reference for anyone who wants to know how the Alden team increased shareholder value in a transaction that involved one of the most complex global acquirers on earth.

Alden Advisors and Great Place to Work® partnered through all stages of IP VAMP™ Transactions, leading to the Company’s value-maximizing acquisition in August 2021.

About Great Place to Work

Headquartered in Oakland, California, Great Place to Work Institute, Inc., Great Place to Work® is the Global Authority in creating, sustaining, and recognizing High-Trust, High-Performance Culture™ at workplaces. Every year, we partner with more than 10,000 organizations across 60 countries and help them build a great work culture for their employees. For more information, visit www.greatplacetowork.com.

About Alden Advisors

Alden Advisors is an investment banking firm focused on technology and industrial companies with niche intellectual property (IP) experiences. The firm provides M&A and advisory services which aim to extract maximum value from, or enhance the value of, a company’s unique client experiences by emphasizing the hidden value in their tangible and intangible assets. This is done through its unique process; IP VAMP™. For more information about Alden Advisors or the benefits of IP VAMP™, visit www.AldenAdvisors.com.

Deal Press

• UKG Press Release Reference
• Chief Learning Officer – UKG – GPTW Industry Press Release

Securities transactions are conducted through StillPoint Capital, LLC, in Tampa, FL, Member FINRA & SIPC. StillPoint Capital and Alden Advisors are Unaffiliated Entities.