Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in public markets, losing 60% of its value since 2021. The acqui

Employee Navigator, a leading U.S.-based benefits administration and HR software provider, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity. This minority investment facilitated a $120 million tender offer, providing liquidity to early shareholde

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 comprehensive Human Capital Management (HCM) platform to bette

Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 million. GAAP net income reached $91.5 million, or $1.61 per di

Factorial, the Barcelona-based HR tech unicorn, has secured an additional $120 million in non-dilutive funding from General Catalyst, bringing its total borrowings from GC’s Customer Value fund to $200 million. This investment will fuel Factorial’s go-to-market (GTM) strategy, primarily focusing

aycom Software, Inc. (NYSE: PAYC) reported strong financial results for Q4 and full-year 2024. The company achieved $1.88 billion in annual revenue, up 11% year-over-year, with a GAAP net income of $502 million (27% of total revenues). Adjusted EBITDA reached $775 million (41% of revenues). For Q4

Selerix, a leading provider of cloud-based benefits administration solutions, has acquired The Benefits eXpert® (TBX®), a technology company specializing in employee benefits education and enrollment. The acquisition aims to create a comprehensive SaaS platform that integrates Selerix’s administ

Borderless AI has introduced HRGPT, a transformative AI-powered search engine designed specifically for HR teams and employees. HRGPT enables real-time retrieval of internal HR data and external HR regulations while providing transparency through citations. Its advanced capabilities include drafting

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 driving the company's transformation and expansion, tripling it

ProProfs has acquired  PeopleGoal, a performance management platform known for enhancing employee engagement and productivity. This strategic acquisition broadens ProProfs’ HR solutions suite, integrating tools for goal setting, performance reviews, and 360-degree feedback. Together, ProProfs and