SurePayroll expected 2010 revenue of about $23 million. The company has an accountants' program and also offers privately labelled payroll services through financial institutions such as Citibank, Harris Bank and SunTrust Bank. The company this year also introduced the Sure Payroll App for the iPhone, iPad & iPod touch.
Estimated reading time: 0 minutes, 27 seconds
Paychex Buying SurePayroll in $115M Deal
Paychex has agreed to acquire SurePayroll, a Chicago-based provider of Internet-based payroll services, via a merger valued at roughly $115 millon. SurePayroll will operate as a subsidiary of Paychex and will continue to be led by its president, Michael Alter. The companies said SurePayroll has about 30,000 customers.
Latest from The Progressive Accountant
Most Read
-
-
Dec 15 2024
-
Written by The Progressive Accountant
Explore how blockchain technology is revolutionizing accounting with enhanced transparency,…
-
-
-
Oct 15 2024
-
Written by The Progressive Accountant
Explore how recent leadership moves in the accounting sector are…
-
-
-
Nov 10 2024
-
Written by The Progressive Accountant
Discover the latest trends in ESG reporting and its impact…
-
-
-
Sep 17 2024
-
Written by Bob Scott
Bill has hired Mary Kay Bowman as EVP of payments…
-