Announced
Completed
Financials
Tags
Completed
payroll software
Acquisition
United States
Software
Private
Private Equity
Single Bidder
Friendly
Majority
Synopsis
iSolved, a portfolio company of Accel-KKR and a provider of human capital management solutions, acquired completed the acquisition of US payroll business of Sage Group, a British multinational enterprise software company based in Newcastle, for $100m. “iSolved HCM is very excited to be acquiring SPR. SPR payroll customers and licensees will now have access to cutting-edge HCM technology that includes employee engagement, performance and collaboration, benefits enrollment, time and attendance, as well as a payroll platform that is ideal for today’s employer. iSolved HCM has experienced phenomenal growth over the last few years, and this acquisition dramatically expands the users and businesses who trust iSolved for their workforce management needs,” Dave Dawson, iSolved CEO.
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