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UKG Agrees to Acquire Inova Payroll to Expand Service-Led HCM for SMBs
UKG has agreed to acquire Inova Payroll, a Nashville-based HCM and payroll provider serving 4,000+ SMBs. Inova is the largest reseller of the UKG Ready® suite nationwide. The deal is expected to close in early 2026, subject to conditions. UKG Inc., a leading global AI platform unifying HR, pay, an
Dec 12, 2025
HCM
Paychex Launches AI Innovation Suite to Transform Workforce Management
Paychex announced a major expansion of its AI-driven capabilities, marking a transformative shift in how organizations manage their workforce. Leveraging one of the industry’s richest datasets, the company is accelerating its evolution from user-directed workflows to fully AI-powered experiences a
Dec 8, 2025
HCM
Sage Acquires Criterion HCM to Modernize Human Capital Management for Mid-Sized Businesses
Sage has acquired Criterion HCM, marking a strategic expansion of its AI-powered HR and payroll ecosystem to better serve mid-sized businesses. The acquisition brings together Criterion’s unified HCM solution—spanning Core HR, payroll, and talent engagement—with Sage’s existing financial and
Oct 6, 2025
HCM
Thoma Bravo in Advanced Talks to Acquire Dayforce in $11B Take-Private Deal
Thoma Bravo is in advanced talks to acquire Dayforce Inc. in a deal valued at more than $11 billion, potentially taking the HR software provider private. Despite strong revenue growth and improving profitability, Dayforce has struggled in public markets, losing 60% of its value since 2021. The acqui
Aug 19, 2025
HCM
SAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
SAP  has announced its agreement to acquire SmartRecruiters , a leading provider of AI-powered talent acquisition solutions. This strategic move aims to enhance SAP’s SuccessFactors HCM suite by integrating SmartRecruiters’ strengths in recruitment automation, high-volume hiring, and candidate
Aug 1, 2025
HCM
Paylocity Advances One Unified HCM and Finance Platform with Launch of Integrated Spend Management Solution
Paylocity has launched “Paylocity for Finance,” expanding its modern HCM platform into the Office of the CFO by integrating Airbase’s award-winning spend management technology. This unified solution enables organizations to manage payroll and non-payroll expenses within a single system built a
Jul 22, 2025
HCM
CoAdvantage and PrimePay Merge to Create a Comprehensive HCM Powerhouse
CoAdvantage, a leading Professional Employer Organization (PEO), has successfully merged with PrimePay, a well-established payroll and HR software provider. Backed by private equity firm Aquiline, the combined entity aims to offer a more comprehensive Human Capital Management (HCM) platform to bette
Jun 30, 2025
HCM
Darwinbox Becomes First HCM Platform Globally to Launch Its Own Model Context Protocol (MCP) Server
Darwinbox has become the first global Human Capital Management (HCM) platform to launch its own Model Context Protocol (MCP) Server, marking a major leap toward enabling secure, intelligent collaboration between AI agents and enterprise systems. This innovation allows MCP-compatible agents to access
May 12, 2025
HCM
ServiceNow and UKG collaborate to supercharge employee productivity and efficiency with agentic AI
At Knowledge 2025, ServiceNow and UKG unveiled a groundbreaking partnership to integrate their AI platforms—ServiceNow's newly launched AI Agent Fabric and UKG's People Fabric—to transform HR, payroll, and workforce management. This strategic alliance aims to boost employee productivity and oper
May 6, 2025
HCM
Paylocity Q3 FY2025 Revenue Rises 13% to $454.5M, Adjusted EBITDA Hits $197M
Paylocity reported strong third-quarter fiscal 2025 results, highlighted by double-digit revenue and earnings growth. The company posted total revenue of $454.5 million, up 13% year-over-year, with recurring revenue rising 15% to $421.1 million. GAAP net income reached $91.5 million, or $1.61 per di
May 2, 2025
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