Rippling People Center, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
About
About
Rippling People Center, Inc. is a comprehensive workforce management platform that unifies HR, IT, and finance functions, providing a single source of truth for employee data. Rippling automates and streamlines processes such as payroll, onboarding, benefits administration, and device management, enhancing efficiency and decision-making for businesses of all sizes. Product/Service Line Breakdown: 1. Payroll - Automated payroll processing with accurate tax filings and compliance management. 2. HR Management - Centralized HR functions including employee records, onboarding, offboarding, and benefits administration. 3. IT Management - Device management and app provisioning for employees, ensuring secure and efficient IT operations. 4. Finance Management - Integrated solutions for managing expenses, invoices, and financial reporting. 5. Time and Attendance - Tools for tracking employee hours, managing attendance, and scheduling. 6. Benefits Administration - Comprehensive benefits management, including health insurance and retirement plans. 7. Applicant Tracking System (ATS) - Streamlined recruitment and hiring processes with integrated job postings and candidate tracking.
Keywords
Keywords
Classified
Private