Aasonn Secures $20M Investment from LLR Partners
Private equity capital to enhance implementation business and advance HR BPaaS solution
NAPERVILLE, Ill. & ORLANDO, Fla., Jun 04, 2014 (BUSINESS WIRE) — Aasonn, LLC, a global technology services partner to SAP SuccessFactors, today announced the completion of a $20M investment by private equity firm LLR Partners. The financing will be used to further develop the company’s Business Process as a Service (BPaaS) offering and expand its existing implementation business. Aasonn made the announcement and debuted its new “Go Beyond Go-Live… Go Thrive” brand from the SAP SAPPHIRE NOW + ASUG Conference in Orlando, Fla., booth #665.
Aasonn’s BPaaS solution will deliver outsourced HR services via cloud technology, enabling companies to standardize their HR processes against industry best practices, automate workflows, access advanced reporting and analytics, improve efficiency while lowering costs, and, most importantly, put the employee experience at the forefront.
As SAP SuccessFactors’ most experienced global partner, Aasonn will build on its core strengths as an HR and Talent Management technology consulting firm to become the first pure-play SuccessFactors HR BPaaS solution provider. Over the last seven years, Aasonn has served more than 1,600 SuccessFactors customers in 30 countries.