Ceridian, a US-based human capital management technology company, acquired Riteq, an Australia-based provider of enterprise workforce management solutions. The deal accelerates Ceridian’s momentum in the Australian and New Zealand markets.

The acquisition, which closed Sept. 13, was completed pursuant to a share purchase agreement entered into with the shareholders of Lusworth Pty Limited, the parent company of Riteq. Financial terms of the transaction were not disclosed.

Ceridian’s flagship cloud HCM platform is Dayforce, which provides human resources, payroll, benefits, workforce management and talent management functionality.

Founded in 2001, Riteq has operations in Sydney, Melbourne, Brisbane, Perth, New Zealand, and the UK.

“Australia and New Zealand are highly attractive markets, and we believe the acquisition of Riteq, combined with Dayforce Payroll in Australia, truly positions Ceridian as a leading HCM provider in the region,” said Ceridian Chairman and CEO David Ossip.

In 2016, Belgian HR service provider SD Worx acquired Ceridian UK and Ceridian Ireland in a full share acquisition.