Stroock & Stroock & Lavan has advised The Ultimate Software Group on its acquisition of PeopleDoc SAS, an HR service delivery platform based in Paris, France, for approximately USD300 million in a combination of cash and stock.
Ultimate is a leading provider of cloud-based human capital management solutions, with more than 40 million people records in the Ultimate cloud. Ultimate’s award-winning UltiPro product suite delivers HR, payroll, talent, and time and labour management solutions that connect people with the information they need to work more effectively.
The Stroock team was led by Christopher Doyle, co-chair of Stroock’s Corporate Group, and included partners Ian DiBernardo and Jeffrey Uffner; special counsels Daniel Park, Elizabeth DiMichele and Jeffrey Mann, and associate Alexandra Cowen.
A team at Simmons & Simmons, led by Christian Taylor, Head of the Corporate and Commercial Practice Group in the Paris office, advised Ultimate on all aspects of French and EU law.