M&A Deal Summary

Paper Trails Acquires Local Economy Payroll

On October 22, 2024, Paper Trails acquired business services company Local Economy Payroll

Acquisition Highlights

This is Paper Trails’ 1st transaction in the Business Services sector.
This is Paper Trails’ 1st transaction in the United States.
This is Paper Trails’ 1st transaction in Maine.

M&A Deal Summary
Date	2024-10-22
Target	Local Economy Payroll
Sector	Business Services
Buyer(s)	Paper Trails
Deal Type	Add-on Acquisition

Target

Local Economy Payroll

Portland, Maine, United States

Local Economy Payroll is a payroll service provider. Local Economy Payroll was formed in 2009 and is headquartered in Portland, Maine.

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Buyer(S) 1

Buyer

Paper Trails

Kennebunk, Maine, United States

Category	Company
Founded	2004
Sector	Business Services

DESCRIPTION

Paper Trails is a payroll and human resources services company. Paper Trails was formed in 2004 and is headquartered in Kennebunk, Maine.

DEAL STATS	#
Overall	1 of 1
Sector (Business Services)	1 of 1
Type (Add-on Acquisition)	1 of 1
State (Maine)	1 of 1
Country (United States)	1 of 1
Year (2024)	1 of 1