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Global Payments to sell payroll business for $1.1 billion
The sale is part of the Atlanta company's strategy to simplify its business and focus on payments services for merchants.
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Global Payments To Divest Payroll Business To Acrisure For $1.1B As Part Of Simplifying Its Business
Payment technology and software solutions provider Global Payments (GPN) has agreed to divest its Payroll business to ...
Global Payments to divest Payroll business for $1.1B
Global Payments (NYSE:GPN) has entered into a definitive agreement to divest its Payroll business to financial technology company Acrisure for total consideration of $1.1B. The transaction is expected ...
Paylocity Seeks to Expand Beyond Basic Payroll and HCM Offerings
Paylocity maintains a strong financial position. As of the third quarter of 2025, Paylocity maintained a net cash position of $234 million. This is a decline from Paylocity’s net cash position of $402 ...
Paychex Remains the Premier Payroll and HCM Provider for Small Businesses
Paychex is in a strong financial position, with over $800 million in net cash as of the third quarter of fiscal 2025. The amount of leverage on the balance sheet will materially increase as the ...