Alliance was founded by industry veteran Randy Norwood, and has a comprehensive product suite that includes payroll processing, benefit enrollment and administration, employee onboarding, paperless applicant tracking and work opportunity tax credit services. Alliance’s proprietary online software, AllPay, delivers payroll and human capital management solutions in a single, cloud-based database that integrates seamlessly with third-party applications. Alliance processes payroll for approximately 250,000 customer employees and has over 3,000 clients. Platform was introduced to Randy Norwood, Alliance’s founder and CEO, through a long-term relationship of the firm. Mr. Norwood was seeking a partner to both facilitate the transition of a minority shareholder and to provide strategic leadership and resources to accelerate revenue growth. Platform’s role at Alliance is to provide guidance on the strategic direction of the business and operational expertise as the company builds upon its legacy as an industry leader.
Alliance HCM
Alliance Human Capital Management (“Alliance”) is a leading provider of cloud-based payroll and human capital management software solutions.
alliancehcm.com
INDUSTRY
Business Services
Year Founded
1989
INVESTMENT DATE
2019
Headquarters
Houston, TX
Investment Overview
Transaction Background