Ultimate software acquisitions

In private equity, GIC invests through funds as well as directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives.

GIC has investments in over 40 countries. Headquartered in Singapore, GIC employs over 1, people across 10 offices in key financial cities worldwide.

For more information on GIC, please visit www. In order to build a diversified portfolio, CPPIB invests in public equities, private equities, real estate, infrastructure, and fixed-income instruments. JMI partners with exceptional management teams to help build their companies into industry leaders.

PeopleDoc has more than employees, with offices in France, Germany, the U. With less time spent managing time-consuming administrative tasks, HR can focus more time on connecting with the workforce to improve the employee experience and increase engagement at work.

PeopleDoc has recently been mentioned by Forbes for advances in employee process automation and Inc. Magazine for helping define the category of HR Service Delivery. More information is available at www. With Ultimate, we will be able to accelerate research and development for HR Service Delivery, including in our Paris innovation hub, to help customers bring to life the workplaces they imagine. Completion of the transaction is subject to entry into the definitive acquisition agreement and other customary closing conditions.

Ultimate Software expects the transaction to close in the third quarter of Forward-Looking Statements Certain statements in this press release are forward-looking statements within the meaning provided under the Private Securities Litigation Reform Act of Such forward-looking statements are made only as of the date hereof.

Securities and Exchange Commission. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. In private equity, GIC invests through funds as well as directly in companies, partnering with its fund managers and management teams to help world class businesses achieve their objectives. GIC has investments in over 40 countries.

Headquartered in Singapore, GIC employs over 1, people across 10 offices in key financial cities worldwide. For more information on GIC, please visit www. In order to build a diversified portfolio, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments.

JMI partners with exceptional management teams to help build their companies into industry leaders. For more information visit www. In connection with the proposed merger, Ultimate Software will file relevant materials with the U. This communication is not a substitute for the Proxy Statement or any other document that Ultimate Software may file with the SEC or send to its stockholders in connection with the proposed merger.