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Company News

Paychex Announces $1 Billion Stock Repurchase Authorization and Declares Quarterly Dividend

Paychex , Inc. (Nasdaq: PAYX), a leading provider of human capital management solutions, has announced a major capital return initiative, reinforcing its long-standing commitment to shareholder value. The company’s Board of Directors author

Jan 16, 2026
Company News

CoachHub Marks 7th Anniversary with AIMY AI Coach, TIME EdTech Recognition, and Global Expansion

CoachHub , the leading global digital coaching platform, celebrates its seventh anniversary with remarkable achievements that underline its mission to democratize coaching for all employees. Founded in 2018, the company now serves over 500

Aug 28, 2025
Venture Capital

Paychex Completes Acquisition of Paycor

Paychex has officially acquired Paycor in an all-cash transaction valued at approximately $4.1 billion. This strategic deal merges two HCM powerhouses and aims to create the industry's most comprehensive and flexible AI-driven HR and payrol

Apr 14, 2025
Venture Capital

Paychex’s Acquisition of Paycor Advances as HSR Waiting Period Ends

Paychex has announced the expiration of the Hart-Scott-Rodino (HSR) antitrust waiting period, marking a key milestone in its planned acquisition of Paycor HCM. This development clears a major regulatory hurdle, bringing the deal closer to c

Feb 27, 2025
Company News

Paycor Reports 13% Revenue Growth in Q2 FY 2025, Announces $4.1B Acquisition by Paychex

Paycor HCM, Inc. (Nasdaq: PYCR) reported a 13% YoY revenue increase to $180.4 million in Q2 FY 2025, alongside improved operating margins. The company's adjusted operating income grew 36% to $31.8 million , while net loss significantly narr

Feb 5, 2025
Venture Capital

Paychex Acquires Paycor HCM for $4.1 Billion: A Game-Changer in HR Technology

Paychex, Inc. has agreed to acquire Paycor HCM, Inc. in a $4.1 billion all-cash transaction, marking a significant milestone in the HCM software industry. Apax Partners, Paycor's majority stakeholder since 2018, has been instrumental in dri

Jan 7, 2025
Product News

Silver Lake and CPP Investments Complete Acquisition of Qualtrics

Qualtrics, the leader and creator of the Experience Management (XM) software category, has announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with Canada Pension Plan Invest

Jun 29, 2023
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