Paylocity has been identified as one of the oversold mid-cap stocks to buy by hedge funds. The company recently announced a partnership with the NHL’s Vegas Golden Knights, becoming their Official Human Capital Management Partner. This deal will streamline operations and enhance employee experience. Paylocity is known for its cloud-based HR, payroll, finance, and IT solutions for SMBs and mid-sized enterprises. The partnership will also give Paylocity exposure across the Golden Knights’ brand platforms, highlighting its presence in high-visibility contexts. The financial terms of the deal were not disclosed, but it reflects a trend of tech firms using sports sponsorships for branding and client acquisition.

Read more at Yahoo Finance: Paylocity Skates Into NHL Arena with Vegas Golden Knights Deal