Paychex to Acquire Advance Partners

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Go back to Paychex to Acquire Advance Partners

Paychex (PAYX) Announces Acquisition of Cleveland-Based Advance Partners

December 2, 2015 10:09 AM EST

Paychex (NASDAQ: PAYX) announced the acquisition of Advance Partners, a leading provider of integrated financial, operational, and strategic services to support independent staffing firms. The Cleveland, Ohio-based company offers customizable solutions to the temporary staffing industry, including payroll funding and outsourcing services, which include payroll, invoicing, and tax preparation.

The staffing outsourcing business is a growing industry that serves many small and mid-sized firms, which is a perfect fit for Paychex, says Martin Mucci, Paychex president and CEO. We are excited about Advance Partners joining the Paychex family. And, given Paychexs extensive product... More