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ADP Announces Deal to Acquire Workscape

July 1, 2010
Related Topics: Contingent Staffing, Financial Impact, Mergers and Acquisitions, Latest News
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Automatic Data Processing Inc. announced it struck a deal to acquire Workscape Inc., a privately held firm that provides Web-based benefits administration and human resource management software.

Terms of the transaction were not announced. The deal is expected to close in the third quarter.

Marlborough, Massachusetts-based Workscape serves more than 3.5 million users in more than 180 companies, according to ADP.

ADP provides payroll services as well as professional-employer-organization and other services. 

Filed by Staffing Industry Analysts, a sister company of Workforce Management. To comment, e-mail editors@workforce.com.

 

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