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Paylocity Announces Acquisition Of Trace

PUBLIC · PCTYDec 01, 2023

Acquiring Company

Paylocity

Acquired Company

Trace

SchaumburgAustinInformation TechnologySoftwareSaaSEnterprise SoftwareHuman ResourcesOtherMobileInternet Services

Description

Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced the acquisition of TraceHQ.com, Inc. (“Trace”), an innovative solution for headcount planning, which helps organizations plan and manage their most important investment – their people. Trace enables organizations to analyze and manage headcount plans, forecast budget relative to those plans, and approve downstream headcount changes.

Quick answer

Paylocity is acquiring Trace, announced December 1, 2023. Paylocity is based in Schaumburg, Illinois, United States.

How much did Paylocity pay for Trace?
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 Trace based?
Paylocity is based in Schaumburg, Illinois, United States. Trace is based in Austin, Texas, 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.

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Company Information

Company

Paylocity

Location

Schaumburg, Illinois, United States

About

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL. Founded in 1997 and publicly traded since 2014, Paylocity offers an intuitive, easy-to-use product suite that helps businesses tackle today's challenges while moving them toward the promise of tomorrow. Known for its unique culture and consistently recognized as one of the best places to work, Paylocity accompanies its clients on the journey to create great workplaces and help people achieve their best through automation, data-driven insights, and engagement. For more information, visit www.paylocity.com.

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Frequently asked

Who acquired Trace?

Trace was acquired by Paylocity, based in Schaumburg. The deal was reported on December 1, 2023. 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 Trace?

Paylocity's acquisition of Trace was reported on December 1, 2023. Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced the acquisition of TraceHQ.com, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Trace do?

If you're still not sure what Trace does and you're used to seeing an About section, just head over to https://traceup.com. Media Contact: Kymberlee Bolden, 863-978-8064 SOURCE Trace It is privately held, operating in Other, and is based in Austin.

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