The WFM and HCM solutions provider Ceridian has recently announced their IPO that they hope will raise the company's presence in the HR tech sector while still giving shareholders a sizable stake in the company. The IPO is estimated to raise over $200 million to "contain the debt and spin off the company's wellness subsidiary" that will additionally supplement its rampant growth and improve its position in the market.
The preliminary IPO will help level the playing field for Ceridian, especially
The initial public offering or IPO will place the company on a more level playing field with big names in the cloud-focused SaaS HCM and benefits administration business competition like Ultimate Software, Workday, and Benefitfocus.
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