Paylocity Holding (PCTY) to Acquire Airbase

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Go back to Paylocity Holding (PCTY) to Acquire Airbase

Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider

September 4, 2024 4:05 PM EDT

Acquisition to expand Paylocitys total addressable market to the Office of the CFO and provide capabilities for clients to holistically manage all business-related spend on a consolidated platform

SCHAUMBURG, Ill., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leader in cloud-based HR and payroll software solutions, today announced it has signed a definitive agreement to acquire Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of... More