M&A Deal Summary

Asure Acquires Savers Admin

On January 2, 2018, Asure acquired business services company Savers Admin

Acquisition Highlights
  • This is Asure’s 5th transaction in the Business Services sector.
  • This is Asure’s 16th transaction in the United States.
  • This is Asure’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-01-02
Target Savers Admin
Sector Business Services
Buyer(s) Asure
Deal Type Add-on Acquisition

Target

Savers Admin

Winston-Salem, North Carolina, United States
Savers Admin is an SSAE certified third party administrator (TPA) specializing in customized products and services for companies of all sizes. Savers Admin was founded in 1996 and is based in Winston-Salem, North Carolina.

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Buyer(S) 1

Buyer

Asure

Austin, Texas, United States
Category Company
Founded 1985
Sector Internet Software and Services
Employees564
Revenue 119M USD (2023)
DESCRIPTION

Asure provides cloud-based software-as-a-service (SaaS) time and labor management and workspace management solutions. Asure was founded in 1985 and is based in Austin, Texas.

DEAL STATS #
Overall 16 of 18
Sector (Business Services) 5 of 5
Type (Add-on Acquisition) 15 of 17
State (North Carolina) 1 of 1
Country (United States) 16 of 18
Year (2018) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Sheakley PaySystems

Cincinnati, Ohio, United States

Sheakley PaySystems is a provider of Workers Comp, Risk Management, HR, Payroll and employee benefits services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 USA Payroll

Rochester, New York, United States

USA Payroll, Inc. is a workforce management platform and software-as-a-services based payroll platform. USA Payroll provides payroll and tax services, workforce benefit solutions, insurance services, payroll timekeeping, human resources, and third-party administration. USA Payroll, Inc. was founded in 1994 and is based in Rochester, New York.

Buy -
Mergr

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