M&A Deal Summary |
|
|---|---|
| Date | 1996-11-22 |
| Target | Olsen Computer System |
| Sector | Software |
| Buyer(s) | Paychex |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1971 |
| Sector | Business Services |
| Employees | 15,600 |
| Revenue | 5.3B USD (2024) |
Paychex is a provider of comprehensive payroll and integrated human resource and employee benefits outsourcing solutions for small- to medium-sized businesses in the US. Paychex was founded in 1971 and is based in Rochester, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 22 |
| Sector: Software M&A | 1 of 5 |
| Type: Add-on Acquisition M&A Deals | 2 of 19 |
| State: California M&A | 1 of 3 |
| Country: United States M&A | 2 of 21 |
| Year: 1996 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1996-06-26 |
National Business Solutions
Saint Petersburg, Florida, United States National Business administers human resources, employment regulator compliance, workers' compensation coverage, health care and 401(k) programs for 9,000 workers in various businesses. |
Buy | $143M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-09-19 |
Advantage Payroll Services
Auburn, Maine, United States Advantage was a leading national provider of outsourced payroll processing and related services to small businesses. The company assisted its clients in managing their payroll processing cycle by calculating, collecting and disbursing payroll funds, remitting payroll taxes and preparing and filing all associated tax returns. In addition, Advantage offered clients a wide range of ancillary products and services, including human resource information software, employee benefit services and workers compensation premium billing. |
Buy | $240M |
