M&A Deal Summary

CAVU HCM Acquires Silver State Payroll

On January 20, 2022, CAVU HCM acquired staffing company Silver State Payroll

Acquisition Highlights
  • This is CAVU HCM’s 1st transaction in the Staffing sector.
  • This is CAVU HCM’s 1st transaction in the United States.
  • This is CAVU HCM’s 1st transaction in Nevada.

M&A Deal Summary

Date 2022-01-20
Target Silver State Payroll
Sector Staffing
Buyer(s) CAVU HCM
Deal Type Add-on Acquisition

Target

Silver State Payroll

Las Vegas, Nevada, United States
Silver State Payroll processes payroll for clients located throughout the west coast focusing on exceptional personal service. Silver State Payroll is based in Las Vegas, Nevada.

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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 1 of 4
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Nevada) 1 of 1
Country (United States) 1 of 4
Year (2022) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-02 Business Services Group - Payroll Clients

Bruceton Mills, West Virginia, United States

Business Services Group's Payroll Clients provides payroll solutions to West Virginia and Pennsylvania.

Buy -