Announced

Completed

Hg completed the investment in Payworks.

Synopsis

Hg, an investor in transatlantic software and services businesses, completed the investment in Payworks, a Canadian leader in total workforce management. Financial terms were not disclosed. “For 25 years, Payworks has been building proprietary workforce management solutions tailored to Canadian employers. The Payworks ownership group is excited to welcome Hg to our partnership. Their investment enables us to accelerate our innovation and value creation agenda, positioning Payworks for sustained leadership and diversification in the Canadian market," Barbara Gamey, Payworks Co-founder.

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