H.I.G., Prudential back management buyout of Salary.com from IBM
January 11, 2016
The Salary.com founding team has partnered with H.I.G. Capital and Prudential Capital Group to reacquire the company from IBM (NYSE: IBM). Founded in 1999, Salary.com provides information about employee pay levels and compensation-related best practices, trends and policies. Following the company’s IPO in 2007, Salary.com was acquired in 2010 by human resources company Kenexa; IBM then acquired Kenexa two years later.