Paychex Acquires Paycor for $4.1B

Paycor Acquires Verb

April 26, 2023

Software

Paycor HCM, Inc. acquired Verb, a behavioral science‑based microlearning people development platform, and will integrate Verb into its Paycor Paths product to deliver personalized, action‑based learning for frontline leaders. The acquisition brings Verb’s library of proprietary microlearning content and L&D capabilities into Paycor’s HCM platform to accelerate product development and expand talent‑development offerings for Paycor customers.

Paychex Acquires Alterna Capital Solutions from Alterna Equity Partners

September 29, 2023

Financial Services

Paychex, Inc. acquired Alterna Capital Solutions, LLC (ACS), a specialty finance provider focused on invoice financing and asset-based lending for small- and medium-sized businesses. The transaction—an exit for Alterna Equity Partners—closed effective July 31, 2023; terms were not disclosed. Legal counsel to ACS and AEP was Greenberg Traurig and Hovde Group served as exclusive financial adviser to ACS.

CBIZ Acquires BeyondPay, Inc.

December 1, 2020

Professional Services

CBIZ, Inc. acquired substantially all the assets of BeyondPay, Inc., a Clinton, New Jersey-based full-service human capital management and payroll provider, effective December 1, 2020. The acquisition adds ~40 employees and ~$4.6 million in annual revenue to CBIZ's HR and payroll capabilities to accelerate growth in its Centrally HR practice.

Paycor Acquires AI Recruiting Platform Talenya

October 17, 2022

Cloud & SaaS

Paycor, a leading HCM software company, has acquired Talenya, an AI-driven automated talent sourcing platform. The acquisition integrates Talenya's AI recruiting capabilities into Paycor's cloud HCM offering to speed sourcing, improve diversity hiring, and expand Paycor's talent acquisition functionality.

TPG and Corpay Acquire AvidXchange

October 15, 2025

Payments & Fintech

TPG acquired a majority interest in AvidXchange in a take-private transaction valued at approximately $2.2 billion, with Corpay purchasing a 34% minority stake for about $550 million. The deal will make AvidXchange a private company as TPG leads efforts to accelerate growth while Corpay partners strategically to expand payments and AP automation capabilities.

Acrisure Acquires Heartland Payroll Solutions from Global Payments for $1.1B

May 28, 2025

Payments & Fintech

Acrisure has signed a definitive agreement to acquire Global Payments’ payroll business, Heartland Payroll Solutions, for $1.1 billion, a deal expected to close in the second half of 2025 subject to regulatory approvals. The acquisition will expand Acrisure’s payroll and HCM capabilities—bringing Heartland Payroll’s ~50,000 clients into Acrisure’s fintech ecosystem and advancing its strategy to broaden financial and back-office offerings for SMBs.