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Paylocity Announces Acquisition Of Cloudsnap

Jan 19, 2022•over 3 years ago

Acquiring Company

Paylocity

Acquired Company

Cloudsnap

SchaumburgSoftwareData And AnalyticsInformation TechnologySoftware

Description

Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announces the acquisition of Cloudsnap Inc., a flexible, low-code solution for integrating disparate business applications.

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.

Company News

(10 articles)

Tue, 16 Sep 2025 13:04:48 GMT

Paylocity’s AI Assistant Leaps from Questions to Actions in Seconds - GlobeNewswire

Tue, 05 Aug 2025 07:00:00 GMT

The tortured history of payment processing - Paylocity and the rapidly evolving payment tech world - Diginomica

Tue, 05 Aug 2025 07:00:00 GMT

Paylocity Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results - Yahoo Finance

Mon, 14 Jul 2025 07:00:00 GMT

Cloud HR Leader Paylocity Sets Q4 Earnings Call: Key Financial Results Coming August 5 - Stock Titan

Tue, 15 Apr 2025 07:00:00 GMT

MedTrainer Announces Partnership With Paylocity to Simplify Healthcare Workforce Compliance - PRWeb

Wed, 15 Jan 2025 08:00:00 GMT

Paylocity Holding Corporation Schedules Conference Call for Second Quarter Fiscal 2025 Results - Quiver Quantitative

Mon, 30 Jun 2025 07:00:00 GMT

Paylocity Adds Peer-to-Peer Rewards to Strengthen Team Bonds and Share Everyday Moments of Gratitude - Yahoo Finance

Mon, 14 Jul 2025 07:00:00 GMT

Paylocity announces Q4 FY25 earnings conference call - GlobeNewswire

Tue, 22 Jul 2025 07:00:00 GMT

Paylocity Advances One Unified HCM and Finance Platform with Launch of Integrated Spend Management Solution - GlobeNewswire

Mon, 02 Jun 2025 07:00:00 GMT

Zacks Industry Outlook Highlights Arista Networks, monday.com and Paylocity - Yahoo Finance

FundzWatch™ Score

High M&A Activity

Related People

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed