M&A Deal Summary

CAVU HCM Acquires Pay Team

On February 2, 2023, CAVU HCM acquired business services company Pay Team

Acquisition Highlights
  • This is CAVU HCM’s 3rd transaction in the Business Services sector.
  • This is CAVU HCM’s 4th transaction in the United States.
  • This is CAVU HCM’s 1st transaction in Georgia.

M&A Deal Summary

Date 2023-02-02
Target Pay Team
Sector Business Services
Buyer(s) CAVU HCM
Deal Type Add-on Acquisition

Target

Pay Team

Atlanta, Georgia, United States
Pay Team provides payroll services, based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

CAVU HCM

Peoria, Illinois, United States

Category Company
Founded 2019
Sector Staffing
DESCRIPTION

CAVU HCM is an emerging provider of Payroll, Payroll Tax, Applicant Tracking & Onboarding, Time & Attendance, Employee & Manager Self-Service, ACA Compliance, Mobile Apps, Workers’ Compensation, Payroll Debit Cards, and many other Human Capital Management tools. CAVU HCM was founded in 2019 and is based in Peoria, Illinois.


DEAL STATS #
Overall 4 of 4
Sector: Business Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Georgia M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-02 ABCS Payroll

DuBois, Pennsylvania, United States

ABCS Payroll provides payroll and human capital management services to companies throughout western Pennsylvania. ABCS Payroll was founded in 1989 and is based in DuBois, Pennsylvania.

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