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View All NewsPaychex completes Advance Partners acquisition
December 28, 2015
Paychex Inc. (NASD: PAYX), a provider of payroll services and PEO services, completed the acquisition of Advance Partners, a large payroll funding and outsourcing services provider to the US temporary staffing industry. Paychex announced the deal earlier this month.
Cleveland-based Advance Partners will operate as a wholly owned subsidiary of Paychex. Terms of the acquisition were not disclosed.
Advance Partners, founded in 1998, has approximately 130 employees and all will be offered employment with Paychex.