TriNet Group, a leading HR solutions provider for SMBs, reported its Q1 2025 results with $1.3 billion in total revenue, up 1% year-over-year. Despite macroeconomic challenges, the company delivered solid performance aligned with full-year guidance. However, key metrics such as adjusted EBITDA and n

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

Deel has acquired Zavvy, a Munich-based startup specializing in AI-driven people development. This move marks a significant consolidation in the HR services sector, aimed at improving unit economics and providing comprehensive solutions. Deel, known for payroll and HR services for distributed workfo

TriNet, a leading HR solutions provider for SMBs, announces the retirement of CEO Burton M. Goldfield and the appointment of Mike Simonds as the new President and CEO. Goldfield led TriNet through significant growth, including a successful IPO and strategic acquisitions. Simonds, with extensive expe

Employee Cycle, the leading HR analytics dashboard for small and medium-sized businesses, has closed a $2.5 million seed round of financing, led by Impellent Ventures. The round included participation from Collab Capital, Converge VC, as well as other angel investors and contributors. The use