Paychex in discussions to acquire Paycor, aiming to strengthen market position and boost earnings.

From Investing.com: 2025-01-05 18:48:18

Paychex Inc is reportedly in talks to acquire Paycor to strengthen its market position and capitalize on improving earnings. The deal could be announced this week, with Paycor valued at $3.3 billion and Paychex at $50 billion. Paychex has seen growth due to a strong U.S. labor market and increased demand for its AI-powered HR services. Both companies were unavailable for comment.



Read more at Investing.com: Paychex in talks to buy smaller payroll firm Paycor- Bloomberg By Investing.com