Tuesday, September 04, 2007

Hewitt Associates has announced its decision to acquire RealLife HR to strengthen its benefits outsourcing services and solutions portfolio for middle-market companies. The transaction is expected to be concluded by end-August 2007. According to the acquisition, Hewitt will acquire RealLife HR's existing 35 clients with about 15,000 employees and/or retirees. The RealLife HR's clients will also have access to Hewitt's outsourcing and consulting services portfolio as part of the transaction. Post-acquisition, about 85 professionals and the facility of RealLife HR in Maryland will be transferred to Hewitt.

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