Acquiring Company
Paychex
Acquired Company
SixFifty Technologies
RochesterSalt Lake CityFinancial ServicesHuman ResourcesInformation TechnologySoftwareLegalLegal TechDescription
PayChex has acquired SixFifty, a legal technology company specializing in automated legal compliance tools. The acquisition is reported to have taken place in May for an amount between $70-$85 million. Although not publicly confirmed by PayChex, documentation reflects a partial non-cash payment for the acquisition. SixFifty will now operate under the PayChex umbrella, enhancing their service offerings.
Quick answer
Paychex is acquiring SixFifty Technologies, announced July 28, 2025. Paychex is based in Rochester, New York, United States.
- How much did Paychex pay for SixFifty Technologies?
- The deal value was not disclosed.
- What does Paychex do?
- PayChex is an industry-leading human capital management company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll processing.
- Where are Paychex and SixFifty Technologies based?
- Paychex is based in Rochester, New York, United States. SixFifty Technologies is based in Salt Lake City, Utah, United States.
- Who are the decision-makers at Paychex?
- Fundz holds 3 contacts at Paychex. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired SixFifty Technologies?
SixFifty Technologies was acquired by Paychex, based in Rochester. The deal was reported on July 29, 2025. PayChex is an industry-leading human capital management company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll processing. Paychex is publicly traded (PAYX) and operates in Financial Services.
When did Paychex acquire SixFifty Technologies?
Paychex's acquisition of SixFifty Technologies was reported on July 29, 2025. PayChex has acquired SixFifty, a legal technology company specializing in automated legal compliance tools. The acquisition is reported to have taken place in May for an amount between $70-$85 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does SixFifty Technologies do?
SixFifty Technologies was founded in 2019 to offer cost-effective legal compliance solutions using innovative automation technology. The company specializes in helping businesses navigate legal challenges through its AI-driven platform. It is privately held, operating in Information Technology, and is based in Salt Lake City.
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