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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 purchase health, workers’ comp or HR services. TAMPA, Fla., J
Jul 14, 2026
PEO
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 in regulatory AUM. NEW YORK, July 9, 2026 -- C
Jul 9, 2026
PEO
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 8th acquisition this year, bringing the total to 108, after closing 2025 with 100 tota
Apr 27, 2026
PEO
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 authorization expanded to $400M. DUBLIN, Calif., Feb. 12, 20
Feb 12, 2026
PEO
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 comprehensive Human Capital Management (HCM) platform to bette
Jun 30, 2025
PEO
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 entered into a definitive agreement to acquire Paycor, a strateg
Mar 26, 2025
PEO
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
PEO
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 the Employee Retention Tax Credit (ERTC) and one less payroll
Oct 2, 2024
PEO
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, acquisition opportunities, and technology investments. Questco, fo
Jul 31, 2024
PEO
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," "Paychex," "we," "our," or "us") toda
Jun 26, 2024
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