Alight Solutions (the “Company”), a leading cloud-based provider of integrated digital human capital and business solutions, on April 13, 2021 held an analyst day and provided an update on its business in connection with its planned business combination with Foley Trasimene Acquisition Corp. (NYSE: WPF, WPF WS).
The Company has posted the analyst day presentation and video, which provide an overview of the Company’s business, growth strategy and financial profile, along with an update on strategic initiatives, including Alight’s technology-led transformation, to its website. As part of the presentation, the Company announced that total bookings on a total contract value (TCV) basis increased 15% to $327 million and business process as a service (BPaaS) bookings TCV increased 202% to $41 million in the first quarter of 2021 compared to the first quarter of 2020.
The Company continues to expect the business combination to close in the second quarter of 2021, after which the combined company will operate as Alight, Inc. and be listed on the New York Stock Exchange under the ticker symbol "ALIT."
The analyst day materials may be accessed using the links below in addition to the Investor Relations section of Foley Trasimene Acquisition Corp.’s website using the following link: https://investor.foleytrasimene.com/investor-info/default.aspx
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