Aquiline-backed CoAdvantage and PrimePay Merge to Create Unified HCM Platform
March 5, 2025
Aquiline Capital Partners has combined two of its portfolio companies — CoAdvantage and PrimePay — into a strategic merger to create a full‑spectrum human capital management (HCM) offering for small and mid-sized businesses and franchises. The combined business will integrate CoAdvantage's PEO services and CoAdQuantum platform with PrimePay's payroll/HCM software and AI capabilities to expand capabilities, product development and go‑to‑market reach.
- Buyers
- Aquiline Capital Partners, CoAdvantage
- Targets
- PrimePay, CoAdvantage
- Platforms
- CoAdvantage
- Industry
- Professional Services
- Location
- Florida, United States
- Transaction Type
- Addon
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