Paylocity Acquires Trace (headcount planning startup)

Paylocity Acquires Grayscale Labs

April 11, 2026

AI & Machine Learning

Paylocity announced it has acquired Grayscale Labs to strengthen its AI-powered recruiting capabilities, especially for high-volume hiring organizations. The acquisition will integrate Grayscale’s recruiting automation technology into Paylocity’s human capital management platform to help employers engage candidates earlier and move faster through recruiting workflows.

Paylocity Acquires Airbase Inc.

September 4, 2024

Cloud & SaaS

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.

Symphony Technology Group Acquires Trace One from Hg

April 28, 2021

Cloud & SaaS

Symphony Technology Group (STG), a Palo Alto-based private equity firm, has acquired Trace One, a Paris-based SaaS platform for the retail and consumer packaged goods (CPG) industry, from Hg. The deal (terms undisclosed) positions STG to accelerate Trace One’s organic growth and explore strategic acquisitions to expand its product and geographic footprint in the Retail/CPG software market.

Paylocity Acquires Samepage

November 16, 2020

Cloud & SaaS

Payroll and HCM provider Paylocity acquired Samepage, an all-in-one team collaboration platform, to add collaboration, task management and real-time document co-editing capabilities to its workforce suite. The deal expands Paylocity’s product functionality to better support remote work and employee communication.

Paylocity Acquires VidGrid

April 6, 2020

Cloud & SaaS

Paylocity, the Schaumburg, Illinois–based provider of cloud HR and payroll software, has acquired VidGrid, a St. Paul–based interactive video platform provider. The acquisition brings VidGrid's video-enabled learning and two-way video communication capabilities into Paylocity's product suite to expand its learning management and employee communication offerings.

Hire Dynamics (MSouth-backed) Acquires Trace Staffing Solutions

December 3, 2019

Staffing & HR

Hire Dynamics, a portfolio company of MSouth Equity Partners, has completed the acquisition of Trace Staffing Solutions. The add-on expands Hire Dynamics' branch footprint and allows Trace to leverage Hire Dynamics' recruiting technology, training and brand to accelerate growth across South Georgia, coastal South Carolina, Virginia and northern Florida.