Ascender to be acquired by Ceridian

The transaction, which is expected to close in the second quarter of 2021, will see the companies providing the ‘most comprehensive’ payroll and human capital management solutions in APJ.
By: | February 3, 2021

Ceridian, a global provider of human capital management (HCM) technology, has entered into a definitive share sale agreement to acquire Ascender, a leading payroll and HR solutions provider in Asia Pacific Japan (APJ).

David Ossip, chairman and CEO of Ceridian, said, “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.

“I look forward to welcoming the Ascender team to Ceridian and to working together on our shared vision to create exceptional employee experiences.”

Ascender provides more than 1,200 global brands with leading payroll and HR capabilities. As a premier HCM provider in the region, Ascender has deep industry expertise across all verticals, including higher education and government, as well as a strong partner ecosystem.

With this acquisition, Ceridian will serve a combined 1,500 customers and 2.5 million employees across 30 countries in the region, including Australia, China, Japan, Malaysia, New Zealand, Philippines, Singapore, and Thailand.

The Ascender acquisition will support Ceridian’s proven track record of successfully bringing value-driven organisations into the company. Previously, Ceridian acquired Excelity Global, a Singapore-based leading HCM provider, and RITEQ, an Australia-based leading enterprise workforce management provider.

With the acquisition, Ceridian will have the opportunity to deliver additional value to Ascender’s customers through the Dayforce platform’s full-suite HCM capabilities, including workforce management, payroll, and time and attendance.