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CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time
Company News

CoAdvantage and PrimePay Launch CoAd, Unbundling Traditional PEO Services for the First Time

CoAdvantage and PrimePay have launched CoAd, a unified payroll, HR and PEO brand serving 17,000+ clients and processing over $15B in annual payroll. Its modular model lets employers access co-employment without being required to...

Jul 14, 2026
DecisionHR Acquires Minnesota-Based PEO Paymasters to Expand Midwest HR Outsourcing Presence
Venture Capital

DecisionHR Acquires Minnesota-Based PEO Paymasters to Expand Midwest HR Outsourcing Presence

DecisionHR, a Coalesce Capital portfolio company, has acquired Minnesota-based PEO Paymasters, expanding its HR outsourcing and PEO footprint across the Midwest and strengthening its presence in the Upper Midwest. Coalesce Capital has over $1.8B...

Jul 9, 2026
Venture Capital

Vensure Employer Solutions completes 108th Acquisition Following Latest Deal Closings, adding 80,000+ Worksite Employees

CHANDLER, Ariz. ,  April 27, 2026  -- Vensure Employer Solutions, a leading provider of HR/HCM technology, managed services, and global business process outsourcing, today announced the completion of its 8 th  acquisition this year, bringin

Apr 27, 2026
Company News

TriNet Announces Fourth Quarter, Fiscal Year 2025 Results, and Full Year 2026 Guidance

TriNet reported FY2025 revenue of $5.010B (-1% YoY), with average WSEs down 5% to 333,886. Adjusted EBITDA reached $425M (8.5% margin) and Free Cash Flow rose 16% to $234M. FY2026 revenue guidance: $4.75B–$4.90B. Stock repurchase authorizat

Feb 12, 2026
News

CoAdvantage and PrimePay Merge to Create a Comprehensive HCM Powerhouse

CoAdvantage, a leading Professional Employer Organization (PEO), has successfully merged with PrimePay, a well-established payroll and HR software provider. Backed by private equity firm Aquiline, the combined entity aims to offer a more co

Jun 30, 2025
Company News

Paychex Reports Q3 FY2025 Revenue of $1.51B and Adjusted EPS of $1.49, Announces Paycor Acquisition to Close in April

Paychex , Inc. reported a solid third quarter for fiscal 2025, achieving 5% year-over-year revenue growth and 6% growth in operating income. The company recorded $1.49 in adjusted diluted EPS, up 8% from the prior year. Notably, Paychex ent

Mar 26, 2025
Venture Capital

CoAdvantage & PrimePay Merge to Elevate HR Tech for SMBs

Aquiline Capital Partners has announced the merger of its portfolio companies, CoAdvantage and PrimePay , to enhance human capital management (HCM) services for small- and mid-sized businesses. This strategic combination aims to offer a mor

Mar 5, 2025
Column

Paychex, Inc. Reports Solid First Quarter Results

Paychex, Inc. reported solid financial results for the first quarter of fiscal 2025, with a 3% increase in total revenue, reaching $1.3 billion. Adjusted diluted earnings per share rose by 2%, despite challenges such as the expiration of th

Oct 2, 2024
Venture Capital

LightBay Capital Makes Strategic Investment in Questco, a National Leader in Outsourced HR Services

LightBay Capital has made a strategic investment in Questco, a leading professional employer organization (PEO) specializing in outsourced HR services. This partnership aims to support Questco’s growth through direct sales efforts, acquisit

Jul 31, 2024
Earnings

Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results

Solid Total Revenue Growth and Operating Margin Expansion Full Year 2024 Diluted EPS Growth of 9%; Adjusted Diluted EPS (1)  Growth of 11% Issues Fiscal 2025 Business Outlook ROCHESTER, N.Y.--( BUSINESS WIRE )--Paychex, Inc. (the "Company,"

Jun 26, 2024
Product News

Fingercheck Launches PaisleyHR, Its New PEO Product to Help Small Businesses Grow With Confidence

A recent NAPEO report revealed that 81% of SMBs without a PEO solution express newfound interest. The data underscores the significant impact PEOs have on small- to medium-sized businesses today. Fingercheck's venture into PEO services furt

Mar 14, 2024
Company News

Deel's Dynamic Rebrand: Charting New Horizons in Global HR Solutions

In the dynamic world of global HR solutions, Deel stands out not only for its rapid expansion but also for its commitment to evolving alongside the changing needs of businesses worldwide. As it approaches its fifth anniversary, Deel has unv

Feb 26, 2024
Company News

Papaya Global Amplifies U.S. Workforce Capabilities with Comprehensive Payroll and EoR Solutions

With this expansion, Papaya Global provides a complete suite of solutions including Payroll, EoR and PEO, to drive growth by enabling global organizations to hire confidently in the US market TEL-AVIV, Israel ,  Sept. 12, 2023 -  Papaya Glo

Sep 12, 2023
Column

ADP Reports Second Quarter Fiscal 2023 Results

ADP Reports Second Quarter Fiscal 2023 Results •Revenues increased 9% compared to last year's second quarter to $4.4 billion; 10% organic constant currency •Net earnings increased 17% to $813 million, and adjusted net earnings increased 17%

Jan 26, 2023
Company News

Deel announced the creation of the Deel Global Jobs Lab

According to the Deel blog, Deel announced the creation of a new research and policy arm of Deel, the Deel Lab for Global Employment. The lab will bring experts and data together to enhance the discussion around global employment policy. Pl

Dec 21, 2022
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