MPAY completes acquisition of Web Payroll & Tax Solutions to expand its national footprint in payroll services
Acquiring Company
MPAY
Acquired Company
Web Payroll & Tax Solutions
CorneliusSan AntonioSoftwareSaaSHuman ResourcesFinancial ServicesEmployee BenefitsDescription
MPAY, a leading provider of payroll and human capital management solutions, has strategically acquired Web Payroll & Tax Solutions. This acquisition reinforces MPAY's commitment to expanding its product offerings and delivering even greater value to businesses nationwide through its Payroll Service Bureau, Payentry. The strategic acquisition marks another milestone in MPAY's growth plan and further strengthens its position as a leading provider in the payroll and HR solutions industry.
Quick answer
MPAY is acquiring Web Payroll & Tax Solutions, announced October 21, 2024. MPAY is based in Cornelius, North Carolina, United States.
- How much did MPAY pay for Web Payroll & Tax Solutions?
- The deal value was not disclosed.
- What does MPAY do?
- MPAY is a privately held corporation founded in 1994.
- Where are MPAY and Web Payroll & Tax Solutions based?
- MPAY is based in Cornelius, North Carolina, United States. Web Payroll & Tax Solutions is based in San Antonio, Texas, United States.
- Who are the decision-makers at MPAY?
- Fundz holds 2 contacts at MPAY. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in SaaS and Human Resources
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- Regnology completes acquisition of VERMEG’s RegTech Division – AGILE (November 25, 2024)
- Ciphr Group completes acquisition of Avantus to expand into employee benefits business (November 19, 2024)
- Kovai.co completes strategic acquisition of Floik to enhance Document360 platform (November 13, 2024)
- Hub International Limited acquires ANCO Insurance Managers, Inc. to strengthen insurance solutions in Texas (November 11, 2024)
- CIEL HR Group acquires Thomas Assessment and People Metrics to strengthen talent assessment portfolio (October 17, 2024)
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Frequently asked
Who acquired Web Payroll & Tax Solutions?
Web Payroll & Tax Solutions was acquired by MPAY, based in Cornelius. The deal was reported on October 21, 2024. MPAY is a privately held corporation founded in 1994. MPAY is privately held and operates in Software.
When did MPAY acquire Web Payroll & Tax Solutions?
MPAY's acquisition of Web Payroll & Tax Solutions was reported on October 21, 2024. MPAY, a leading provider of payroll and human capital management solutions, has strategically acquired Web Payroll & Tax Solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Web Payroll & Tax Solutions do?
Web Payroll & Tax Solutions has been one of the fastest growing payroll providers in the San Antonio, Texas market, servicing clients throughout the United States since its establishment in 2007. It is privately held, operating in Financial Services, and is based in San Antonio.
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