Company News
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
Company News
ZipRecruiter Announces Fourth Quarter and Full Year 2024 Results
ZipRecruiter reported annual revenue of $474 million, with Adjusted EBITDA reaching $78 million, representing a 16% margin. However, the company also posted a net loss of $12.9 million, resulting in a -3% net income margin. Despite macroeconomic pressures, ZipRecruiter remains resilient, with a proj
Feb 26, 2025
Company News
Alight Reports Q4 2024 Earnings: $680M Revenue with 9.8% BPaaS Growth
Alight, Inc. (NYSE: ALIT) reported its fourth quarter and full-year 2024 financial results, demonstrating resilience despite a slight revenue decline. Q4 revenue stood at $680 million, with Business Process as a Service (BPaaS) revenue growing 9.8% to $146 million, now accounting for 21.5% of total
Feb 20, 2025
Company News
Company News
KKR Acquires Stake in HRM Platform Employment Hero from SEEK Investments
KKR, a leading global investment firm, has acquired a stake in Employment Hero, a prominent HR management platform, from SEEK Investments. Despite this transaction, the SEEK Growth Fund will continue as a material investor in the company. Employment Hero, founded in 2014, has grown to serve over 300
Feb 18, 2025
Company News
TriNet Reports $5.1 Billion FY 2024 Revenue with Strategic Growth Outlook
TriNet (NYSE: TNET), a leading provider of human capital management (HCM) solutions for SMBs, reported its Q4 2024 and full-year financial results. Revenue grew by 1% YoY to $1.3 billion for Q4 and $5.1 billion for FY 2024. Despite record worksite employee (WSE) retention, net income declined to $17
Feb 13, 2025
Company News
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
Company News
Upwork Reports Fourth Quarter and Full Year 2024 Financial Results
Upwork reported record-breaking financial results for Q4 2024 and the full year 2024, achieving all-time highs in revenue ($769.3M, up 12%), GAAP net income ($215.6M, up 360%), and adjusted EBITDA ($167.6M, up 129%). The company also saw significant improvements in profitability, with a 26% adjusted
Feb 13, 2025
Company News
Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
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
Feb 12, 2025
Company News