M&A Deal Summary

ADP Acquires VirtualEdge

On October 10, 2006, ADP acquired information technology company VirtualEdge

Acquisition Highlights
  • This is ADP’s 1st transaction in the Information Technology sector.
  • This is ADP’s 3rd transaction in the United States.
  • This is ADP’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2006-10-10
Target VirtualEdge
Sector Information Technology
Buyer(s) ADP
Deal Type Add-on Acquisition

Target

VirtualEdge

Newtown, Pennsylvania, United States
VirtualEdge offers expertise in professional and high volume recruiting practices. VirtualEdge built its market-leading reputation on an expert approach to solving recruiting issues for employers, a high-touch implementation methodology, easy integrations to pre-employment screening tools and payroll/HR systems, and operating on a single code platform with combined high volume and professional recruiting systems.

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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 3 of 26
Sector: Information Technology M&A 1 of 8
Type: Add-on Acquisition M&A Deals 3 of 23
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 20
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-03 Employease

Norcross, Georgia, United States

Employease, Inc. provides software services for human resource and employee benefits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-30 Broadridge

Lake Success, New York, United States

Broadridge is a provider of investor communications and technology-driven solutions for wealth management, asset management and capital markets firms. The Company helps clients drive operational excellence to manage risk, accelerate growth and deliver real business value. Broadridge was incorporated in 1962 and is based in Lake Success, New York.

Sell -