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  6. Paper Trails Acquires Local Economy Payroll

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 M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maine M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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