Paylocity completes acquisition of Airbase Inc. to expand finance solutions
Acquiring Company
Paylocity
Acquired Company
Airbase
SchaumburgSan FranciscoInformation TechnologySoftwareSaaSEnterprise SoftwareHuman ResourcesSoftwareDescription
Paylocity, a leader in cloud-based HR and payroll software solutions, has completed the acquisition of Airbase Inc., a modern finance and spend management software solution. This acquisition represents an expansion of Paylocity’s suite, allowing clients to manage all business-related spend on a single integrated platform, and strengthening its position in the market as the most modern software platform.
Quick answer
Paylocity is acquiring Airbase, announced October 1, 2024. Paylocity is based in Schaumburg, Illinois, United States.
- How much did Paylocity pay for Airbase?
- The deal value was not disclosed.
- What does Paylocity do?
- Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL.
- Where are Paylocity and Airbase based?
- Paylocity is based in Schaumburg, Illinois, United States. Airbase is based in San Francisco, California, United States.
- Who are the decision-makers at Paylocity?
- Fundz holds 1 contact at Paylocity. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in SaaS and Enterprise Software
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Kovai.co completes strategic acquisition of Floik to enhance Document360 platform (November 13, 2024)
- Growth Protocol expands with strategic acquisition of NWO.ai to set new industry standard for growth (November 13, 2024)
- Connectbase completes acquisition of Network Capacity Solutions to enhance global platform (October 24, 2024)
- TalentNeuron acquires Munich-based HRForecast to revolutionize HR analytics (October 24, 2024)
- Service Management Group acquires Bulbshare (October 17, 2024)
- TransPerfect completes acquisition of Paybooks Technologies to expand HR and payroll solutions (September 30, 2024)
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Related People
Frequently asked
Who acquired Airbase?
Airbase was acquired by Paylocity, based in Schaumburg. The deal was reported on October 4, 2024. Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL. Paylocity is publicly traded (PCTY) and operates in Information Technology.
When did Paylocity acquire Airbase?
Paylocity's acquisition of Airbase was reported on October 4, 2024. Paylocity, a leader in cloud-based HR and payroll software solutions, has completed the acquisition of Airbase Inc., a modern finance and spend management software solution. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Airbase do?
Airbase is a leader in procure-to-pay solutions, providing enterprise-grade power with a delightful user experience to simplify purchasing. It is privately held, operating in Software, and is based in San Francisco.
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