Paylocity Acquires Airbase Inc.

September 4, 2024

Paylocity has signed a definitive agreement to acquire Airbase, a spend management SaaS provider, for approximately $325 million. The acquisition expands Paylocity's suite into the Office of the CFO by integrating Airbase's bill pay, expense management, corporate cards and procurement capabilities with Paylocity's HCM platform.

Buyers
Paylocity
Targets
Airbase Inc.
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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