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M&A Deal Summary

Mpay Acquires Web Payroll & Tax Solutions

On October 21, 2024, Mpay acquired business services company Web Payroll & Tax Solutions

Acquisition Highlights
  • This is Mpay’s 1st transaction in the Business Services sector.
  • This is Mpay’s 2nd transaction in the United States.
  • This is Mpay’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-10-21
Target Web Payroll & Tax Solutions
Sector Business Services
Buyer(s) Mpay
Deal Type Add-on Acquisition

Target

Web Payroll & Tax Solutions

San Antonio, Texas, United States
Web Payroll & Tax Solutions is a payroll provider, servicing clients throughout the United States. Web Payroll specializes in payroll solutions and digital payment processing, offering businesses modern tools to manage employee compensation with ease and accuracy. Web Payroll & Tax Solutions was founded in 2007 and is based in San Antonio, Texas.

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Buyer(S) 1

Buyer

Mpay

Huntersville, North Carolina, United States
Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

Mpay is a provider of payroll and human capital management solutions committed to delivering innovative technology and support to Millennium licensees and their business clients. Mpay was founded in 1994 and is based in Huntersville, North Carolina.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-07 Southland Data Processing

Upland, California, United States

Southland Data Processing delivers comprehensive payroll solutions tailored to meet the evolving needs of businesses across various sectors. Southland Data Processing was founded in 1986 and is based in Upland, California.

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