Paychex in Advanced Talks to Acquire Paycor HCM, Says Bloomberg

Dow Jones

Jan 06, 2025

By Denny Jacob

--Paychex is in advanced talks to acquire Paycor HCM, a smaller rival in payroll processing, says Bloomberg, citing people with knowledge of the matter.

--A deal may be announced as soon as this week, according to the report. Nothing has been finalized and talks could still fall through, it added.

--The potential acquisition would mark the largest deal to date from Paychex, which offers human resources, employee-benefits, insurance and payroll services to more than 745,000 customers in the U.S. and Europe, Bloomberg said.

--Representatives for Paychex and Paycor didn't respond to requests for comment on Sunday outside regular business hours, according to the report.

Full story at https://www.bloomberg.com/news/articles/2025-01-05/paychex-is-said-to-be-in-talks-to-buy-smaller-rival-paycor

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

January 06, 2025 07:51 ET (12:51 GMT)

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Nothing has been finalized and talks could still fall through, it added. \n</p>\n<p>\n  --The potential acquisition would mark the largest deal to date from Paychex, which offers human resources, employee-benefits, insurance and payroll services to more than 745,000 customers in the U.S. and Europe, Bloomberg said. \n</p>\n<p>\n  --Representatives for Paychex and Paycor didn't respond to requests for comment on Sunday outside regular business hours, according to the report. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story at https://www.bloomberg.com/news/articles/2025-01-05/paychex-is-said-to-be-in-talks-to-buy-smaller-rival-paycor \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 06, 2025 07:51 ET (12:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BDGV0183.EUR","symbol_name":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2501236110","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501236110","pubTimestamp":1736167860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Paychex is in advanced talks to acquire Paycor HCM, a smaller rival in payroll processing, says Bloomberg, citing people with knowledge of the matter.--A deal may be announced as soon as this week, according to the report. 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Nothing has been finalized and talks could still fall through, it added. \n\n\n  --The potential acquisition would mark the largest deal to date from Paychex, which offers human resources, employee-benefits, insurance and payroll services to more than 745,000 customers in the U.S. and Europe, Bloomberg said. \n\n\n  --Representatives for Paychex and Paycor didn't respond to requests for comment on Sunday outside regular business hours, according to the report. \n\n\n \n\n\n  Full story at https://www.bloomberg.com/news/articles/2025-01-05/paychex-is-said-to-be-in-talks-to-buy-smaller-rival-paycor \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 06, 2025 07:51 ET (12:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}