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Paylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M
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
May 2, 2025
payroll
Intuit to Acquire HR Platform GoCo to Build End-to-End HR Suite for SMBs
Intuit has announced its agreement to acquire GoCo, an HR and benefits platform focused on small and mid-market businesses. This strategic acquisition aims to transform Intuit’s Payroll into a full Human Capital Management (HCM) solution by integrating GoCo’s capabilities into QuickBooks Payroll
Apr 23, 2025
payroll
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 payroll platform. The acquisition strengthens Paychex’s upmarket
Apr 14, 2025
payroll
Palo Alto-Based Lumber Raises $15.5M Series A to Transform AI-Powered Construction Workforce Management
Lumber, an AI-powered workforce management platform for the construction industry, has secured a $15.5 million Series A funding led by Foundation Capital, with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and FirsthandVC. The company aims to streamline payroll, compliance
Mar 25, 2025
payroll
UKG Talk Communications Platform Helps Amusement Park Owner Optimize Frontline Operations and Strengthen Staff Unity
UKG, a leader in HR and workforce management solutions, is helping Wahooz Family Fun Zone and Roaring Springs Waterpark enhance workplace culture and operational efficiency through its UKG Talk platform. With a predominantly Gen Z workforce, the parks leverage UKG Talk for instant communication, sch
Mar 24, 2025
payroll
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 more flexible and comprehensive suite of HR and payroll solution
Mar 5, 2025
payroll
India’s HR SaaS Star Darwinbox Raises $140M to Expand HR Tech Disruption into the U.S.
Indian HR tech startup Darwinbox has raised $140 million in a funding round co-led by KKR and Partners Group, positioning itself to compete with Deel and Rippling. The company, which provides an all-in-one SaaS platform for hiring, onboarding, and employee administration, has now secured approximate
Mar 5, 2025
payroll
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 completion within the first half of 2025. The acquisition is
Feb 27, 2025
payroll
HiBob Acquires Mosaic for $35 Million to Integrate HR and Financial Planning
HiBob  has announced its acquisition of Mosaic, a leading Financial Planning and Analysis (FP&A) platform, to bridge the gap between HR and finance for mid-sized businesses. This integration will empower companies with real-time insights that connect workforce strategies with financial performa
Feb 13, 2025
payroll
Nationally Acclaimed Government Organization Creates Flexible, Empowering Workforce Experience with UKG
Western DuPage Special Recreation Association (WDSRA), a government organization offering inclusive programs for individuals with special needs, has implemented the UKG Ready suite to streamline HR, payroll, and workforce management. By adopting UKG, WDSRA has enhanced hiring, onboarding, and compli
Feb 5, 2025
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