M&A Deal Summary

ADP Acquires Pequity

On October 29, 2025, ADP acquired software company Pequity

Acquisition Highlights
  • This is ADP’s 5th transaction in the Software sector.
  • This is ADP’s 20th transaction in the United States.
  • This is ADP’s 5th transaction in California.

M&A Deal Summary

Date 2025-10-29
Target Pequity
Sector Software
Buyer(s) ADP
Deal Type Add-on Acquisition

Target

Pequity

San Francisco, California, United States
Pequity is a compensation management software provider that offers flexible configurations, AI-enhanced insights, budgeting and scenario planning tools, and HCM ecosystem integrations. Pequity was formed in 2019 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

ADP

Roseland, New Jersey, United States

Category Company
Founded 1949
Sector Business Services
Employees64,000
Revenue 18.2B USD (2024)
DESCRIPTION
ADP office in St. Louis, Missouri.
ADP office in St. Louis, Missouri.

ADP is a provider of business outsourcing solutions. ADP offers a wide range of human resource (HR), payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment retailers and manufacturers throughout the world. ADP was incorporated in 1949 and is based in Roseland, New Jersey.


DEAL STATS #
Overall 26 of 26
Sector: Software M&A 5 of 5
Type: Add-on Acquisition M&A Deals 23 of 23
State: California M&A 5 of 5
Country: United States M&A 20 of 20
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-15 WorkForce Software

Livonia, Michigan, United States

WorkForce Software provides enterprise clients with software solutions to manage employee time and labor schedules, control and manage employee absences, create employee schedules, and track employee compliance. WorkForce Software was founded in 1999 and is based in Livonia, Michigan.

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