Paychex

Paychex, Inc., founded in 1971 and headquartered in Rochester, New York, is a prominent provider of payroll and human capital management solutions, primarily serving small to medium-sized businesses in the United States and Germany. The company offers a comprehensive range of services, including payroll processing, payroll tax administration, employee payment services, and regulatory compliance. In addition to these payroll-focused solutions, Paychex provides human resource outsourcing services, benefits administration, and risk management, along with time and attendance software. The company also operates as a professional employer organization and offers retirement services, workers' compensation insurance, and health benefits management. As of its latest reporting, Paychex serves over 745,000 clients and plays a crucial role in payroll for a significant portion of the U.S. workforce.

John Gibson

Senior Vice President

Elizabeth Roaldsen

Senior Vice President, Operations and Customer Experience and Member of the Executive Committee

19 past transactions

Paycor

Acquisition in 2025
Paycor, Inc. is a provider of cloud-based human resource, payroll, and timekeeping software solutions tailored for small and mid-sized businesses in the United States. Established in 1990 and headquartered in Cincinnati, Ohio, the company offers a range of products including a web-based solution for recruiting, onboarding, HR and benefits administration, payroll and tax compliance, as well as time and attendance tracking. Additionally, Paycor features a Learning Management System that integrates various training modalities and a data visualization tool called Workforce Insights, which helps businesses derive actionable insights from their workforce data. The company aims to enhance operational efficiency and facilitate informed decision-making for entrepreneurs, financial professionals, and HR specialists. With facilities across several states, including Alabama, Indiana, California, Kentucky, Maryland, Pennsylvania, and Michigan, Paycor is committed to optimizing people management for its clients.

Feeding America

Grant in 2023
Feeding America is a non-profit organization dedicated to alleviating hunger across the United States through a vast network of food banks, pantries, soup kitchens, and shelters. Serving over 37 million people, it operates more than 61,000 food assistance locations nationwide. The organization focuses on improving food security for vulnerable populations, raising public awareness about hunger issues, and advocating for policies that protect those at risk of food insecurity. Headquartered in Chicago, Illinois, Feeding America is guided by its core values of respect, stewardship, accountability, collaboration, urgency, integrity, and inclusion, which inform its strategies and actions in the fight against hunger.

Flock

Acquisition in 2021
Flock is a comprehensive software platform designed to streamline the management of human resources, benefits, and compliance. It simplifies the complexities associated with benefits administration, offering a paperless and automated solution for the essential administrative tasks involved in onboarding and managing employees. By providing an efficient system, Flock helps organizations minimize risks and liabilities while enabling HR professionals and health insurance brokers to effectively support their business operations. The platform aims to enhance the overall experience in HR management and benefits administration, making it easier for businesses to navigate these critical functions.

Oasis Outsourcing

Acquisition in 2018
Oasis Outsourcing Holdings Inc. operates as a professional employer organization that provides workforce solutions for businesses in the United States. The company offers human resources services, employee benefits, payroll administration, healthcare reform support, and risk management services. Its human resources outsourcing services and programs include infrastructure development, compliance assistance, operations partnership, growth and development, employee discount programs, and staff sourcing. The company’s employee benefit services portfolio includes health and other insurance, financial savings plans, administration and support, and employee and legal advocacy. In addition, it provides payroll administration services, which include payroll accrual, tracking, and processing; payroll deposit options; and Web-based payroll systems. Further, the company provides risk management services, including return-to-work programs, risk management compliance, and workers compensation services. It provides cloud-based workforce management, human resources/risk management, benefits, and payroll technology solutions that combine to provide a customized Human Resources Information System that meets the specific needs of clients. Oasis Outsourcing Holdings Inc. was founded in 1996 and is based in West Palm Beach, Florida. Oasis Outsourcing Holdings Inc. operates as a subsidiary of Paychex, Inc.

Oasis

Acquisition in 2018
Oasis, A Paychex Company, is a leading Professional Employer Organization.

Lessor Group

Acquisition in 2018
Lessor Group is a provider of payroll and human capital management (HCM) software solutions, established in 1972 by the Fich family and currently led by CEO Henrik Fich. The company specializes in delivering IT solutions for payroll, time and attendance, shift scheduling, and various human resources activities. Lessor Group serves a diverse clientele that includes over 45,000 Danish companies and 1,500 international firms, offering tailored software solutions to meet the needs of small, medium-sized, and large enterprises.

HR Outsourcing

Acquisition in 2017
HROI is a professional employer organization and administrative services organization based in Lawrenceville, Georgia, providing human resources outsourcing to small and medium sized businesses. The company specializes in payroll administration, safety and risk management, workers’ compensation, human resource administration, compliance and benefits administration.

Advance Partners

Acquisition in 2015
Advance Partners is a provider of integrated services designed to support small and growing temporary staffing firms. The company offers a range of solutions, including payroll funding, invoice factoring, accounts receivable management, and collections services. Additionally, it provides custom analytics reporting and various support services such as background checks, insurance, and tax credit assistance. Advance Partners also delivers commercial credit solutions and an integrated timekeeping system to streamline payroll processing. Its software solutions encompass applicant tracking, customer relationship management, and invoicing. Furthermore, the company offers business development support, including operational assistance, marketing resources, and expertise in diversity certification and vendor management systems. Established in 1998 and based in Cleveland, Ohio, Advance Partners operates as a subsidiary of Paychex, Inc.

nettime Solutions

Acquisition in 2014
Beginning in 1996, a vision to offer affordable business tools has guided nettime’s actions. We launched HourTrack, our first time and attendance software, as well as biometric devices. Both gave businesses a chance to use cutting-edge technology that they previously couldn’t afford—and finally they could eliminate buddy punching and wage theft to control labor costs.

myStaffingPro by HR Services

Acquisition in 2013
myStaffingPro is a comprehensive web-based applicant tracking system (ATS) that offers full-featured applicant tracking, candidate recruiting, and onboarding in a scalable, configurable solution. With more than 500 clients, myStaffingPro is not limited by industry, browser, or integration requirements. Its SaaS model makes it accessible from anywhere at any time, and offers unlimited integration capabilities with background checking, assessments, HRIS, learning, and performance management systems. Applicant Tracking with myStaffingPro Utilize the award winning SaaS applicant tracking suite, myStaffingPro, to manage your recruiting, qualification, tracking, and hiring process. With more than 500 clients, myStaffingPro is not limited by industry, browser, or integration requirements. The suite supports businesses ranging from a small office to large enterprises. Social Recruiting through myStaffingPro Elevate Harness social media, job distribution, network building, and career site techniques with myStaffingPro Elevate. myStaffingPro Elevate is included in any myStaffingPro applicant tracking system purchase. Onboarding Reduce your time to start with an electronic pre-hire onboarding process. Special Offer: Contact us for free trial of myStaffingPro at (800)939-2462 or email sales@ mystaffingpro.com.

ExpenseWire

Acquisition in 2012
ExpenseWire provides a web-based software-as-a-service expense management solution. By automating the expense reporting process, ExpenseWire allows organizations to simplify submission, control spending, and expedite reimbursement.

Icon Time Systems

Acquisition in 2012
Icon Time Systems is a privately held company that specializes in providing time and attendance solutions for small and medium-sized businesses. The company manufactures a variety of products, including automated time clocks, punch clocks, and data collection terminals, as well as accessories that support these systems. By offering these tools, Icon Time Systems aims to simplify and automate the time and attendance process for its clients. The company primarily serves strategic partners and dealers throughout the United States and Canada.

ePlan Services

Acquisition in 2011
ePlan Services specializes in record-keeping and administration services tailored for the U.S. defined contribution market, focusing primarily on the unique needs of small businesses. The company serves banks, third-party administrators, and independent advisors, offering a range of services including quick setup, employee autonomy, financial education, and compliance support. Recognized for its innovative retirement plan solutions, ePlan Services has been acknowledged as one of the fastest-growing private companies in the United States, making it a notable player in the retirement plan service industry.

SurePayroll

Acquisition in 2010
SurePayroll provides full-service online payroll to U.S.-based small businesses. Payroll services include filing and payment of payroll taxes, online and mobile access, payroll calculations, deductions, direct deposit, and employee access to pay stubs, among other features.

Paychex

Acquisition in 2007
Paychex, Inc., founded in 1971 and headquartered in Rochester, New York, is a prominent provider of payroll and human capital management solutions, primarily serving small to medium-sized businesses in the United States and Germany. The company offers a comprehensive range of services, including payroll processing, payroll tax administration, employee payment services, and regulatory compliance. In addition to these payroll-focused solutions, Paychex provides human resource outsourcing services, benefits administration, and risk management, along with time and attendance software. The company also operates as a professional employer organization and offers retirement services, workers' compensation insurance, and health benefits management. As of its latest reporting, Paychex serves over 745,000 clients and plays a crucial role in payroll for a significant portion of the U.S. workforce.

InterPay

Acquisition in 2003
InterPay, founded in 1971, is a national payroll and human resource administrative services provider primarily focused on small- to medium-sized businesses located in 49 states. InterPay's offices encompass the Northeast and Mid-Atlantic regions of the U.S., as well as northern Illinois and Florida. InterPay provides a full range of payroll services, including payroll processing, payroll tax filing, and employee pay services. Its HR administrative services include workers' compensation solutions, section 125 plans, and employee benefit booklets.

Advantage Payroll Services

Acquisition in 2002
Advantage Payroll Services offers a range of advanced payroll technology, including continually enhanced proprietary software, online payroll management and a centralized data network. With over 40 years of payroll experience, we've tailored our expertise, customer service and flexible products and services to the unique needs of small and mid-sized businesses. Our clients know they can rely on Advantage for precision payroll and accurate, timely tax filing.

Olsen Computer Systems

Acquisition in 1996
Olsen Computer Systems licenses computer software and anticipates annual revenue of about $2.5 million.
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