Tracked deals
4
4 tracked deals across 2021-2025.
Rochester, New York, United States
Paychex, Inc. (Nasdaq: PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. Paychex combines digital HR technology with advisory solutions for employers and employees.
Tracked deals
4
4 tracked deals across 2021-2025.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout · 1 divestiture
Last 3 years
Supporting Data
Paychex has acquired SixFifty Technologies, the legal-technology subsidiary of law firm Wilson Sonsini Goodrich & Rosati. The deal — terms undisclosed — transfers SixFifty's employment-law compliance and document-automation platform to Paychex to broaden its HCM and compliance capabilities.
Paychex, Inc. has completed the all-cash acquisition of Paycor HCM, Inc. for $22.50 per share, representing approximately $4.1 billion of enterprise value. Funds advised by Apax Partners (the majority Paycor shareholder) and other Paycor stockholders sold their interests; Paychex expects more than $80 million in annual cost synergies and expanded upmarket and revenue opportunities from the combined HCM offerings.
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.
Paychex, Inc. has acquired Flock, a San Francisco–based benefits enrollment and administration and HRIS provider. The acquisition brings Flock’s benefits administration and onboarding software into Paychex’s HCM suite to expand Paychex’s digital HR and benefits capabilities; terms were not disclosed and Flock employees will join Paychex.
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