PrimePay, a payroll human capital management (HCM), and benefit services company, today announced it is acquiring SyncHR, a leading all-in-one HR, payroll and benefits management software provider purposely-built for mid-sized enterprises. Earlier this month, PrimePay announced a strategic investment from Aquiline Capital Partners, a private investment firm based in New York and London with $6.1 billion in assets under management.
“Pam and the SyncHR team have built an incredible product that is leading the charge in modernizing and revolutionizing HR operations in the constantly evolving HCM landscape,” said John LaMancuso, CEO of PrimePay. “This acquisition expands and elevates our capabilities to meet the unique challenges facing mid-enterprise companies. With our offering, we are creating a new category that will empower mid-enterprise organizations with a level of sophistication in their HCM capabilities that rivals that of the largest corporations, and is configurable to their specific needs and opportunities.”
Announcement: PrimePay Announces Acquisition of SyncHR