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Announced

Completed

GrowthCurve Capital completed the acquisition of Netchex from Primus Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

global payroll solutions

human resources management

Acquisition

Domestic

Software

Private

Private Equity

Single Bidder

Completed

Synopsis

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GrowthCurve Capital, a private equity firm, completed the acquisition of Netchex, a payroll software maker, from Primus Capital, a private equity firm. Financial terms were not disclosed. “GrowthCurve is the ideal partner to support the next phase of Netchex’s growth, and their expertise in AI, human capital, and scaling data-centric companies will provide a strong foundation for our vision to make HCM easy, intuitive, and a core value driver for the SME market. We also thank Primus Capital for their partnership and support while they were investors in Netchex," Will Boudreaux, Netchex Founder and CEO.

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