TimeForce
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TimeForce - overview
Established
1992
Location
Sandy, UT, US
Primary Industry
Software
About
TimeForce is a technology company specializing in human capital management solutions, offering innovative HR, payroll, and benefits services to enhance workforce management and employee experience. Founded in 1992 in Sandy, US, TimeForce operates within the human capital management sector, focusing on HR solutions. The company was acquired by Infinisource, a portfolio company of Accel-KKR, in December 2012. The acquisition's financial terms were not disclosed.
TimeForce provides a comprehensive human capital management (HCM) platform known as isolved People Cloud, which addresses various HR, payroll, and benefits functions. This interconnected solution suite enables organizations to effectively employ, onboard, develop, and manage talent. Key functionalities include payroll processing, workforce management, time tracking, benefits administration, and predictive analytics, serving over 186,000 employers across diverse sectors such as healthcare, hospitality, manufacturing, and financial services in North America. TimeForce generates revenue primarily through subscription-based models associated with its HCM platform and services.
Clients enter into annual agreements for access to the isolved People Cloud, with pricing based on employee count and selected features. Customized pricing options are available to meet the unique needs of different organizations, although specific pricing details for individual products or services are not disclosed. Following its acquisition in December 2012, TimeForce's growth strategy includes the development of new products within the isolved People Cloud platform, with expected launch details forthcoming. The company is also targeting expansion into additional markets within North America.
Recent funding will support these initiatives as TimeForce seeks to enhance its offerings and reach a broader client base.
Current Investors
Infinisource, Inc.
Primary Industry
Software
Sub Industries
Systems Management Software
Website
www.qqest.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
TimeForce - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | TimeForce | - |
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