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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