Paychex to buy Paycor for $4.1B

Paycor finalizes deal to be acquired; here's how much Paychex will pay
CINCINNATI ( Cincinnati Business Courier) - Paycor HCM Inc., one of Greater Cincinnati’s largest publicly traded companies, has agreed to be acquired by rival Paychex Inc. in a deal valued at more than $4 billion.
Where will Bengals play? Will Paycor Stadium become Paychex Stadium?
On Tuesday, Rochester-based Paychex announced it would acquire the Norwood human resources software company in a deal expected to close in the first half of 2025. In 2022, Paycor inked a 16-year deal to affix its name to the stadium for an undisclosed sum. Recent regulatory filings indicate the contract was worth $67 million.
Deal: Paychex to buy Paycor for $4.1B
Paychex, Inc. announced Tuesday it has reached a deal to acquire Norwood-based Paycor for $4.1 billion. Paycor, the Greater Cincinnati-based human resources software company whose name adorns the Bengals stadium, was first reported to be in "advanced talks” to be acquired by the Rochester, New York rival on Sunday by Bloomberg.
Paycor pays $4.16 million per year for Bengals stadium naming rights
After years of refusing to remove his father's name from the stadium in which his football team plays, Bengals owner Mike Brown accepted a check from Paycor, starting in 2022.
Paychex Strikes $4.1 Billion Deal for Rival Payroll Firm Paycor
Paychex Inc. agreed to acquire rival payroll processor Paycor HCM Inc. for about $4.1 billion in cash, including debt.
Revealed: Here's how much Paycor paid for Bengals' stadium naming rights
When the Bengals first announced the 16-year deal in 2022, it refused to say how much it got. But recent Paycor disclosures reveal the cost.
Paychex Writes A Fat Check For Paycor HCM
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Paychex Acquisition of Paycor Will Expand Client Base
With the acquisition, Paychex’s total addressable market, or TAM, would increase by $10 billion to $100 billion, according to ...
Paychex to Acquire Competitor Paycor HCM
Payroll-services company Paychex is acquiring rival Paycor HCM in a deal with an enterprise value of about $4.1 billion.
Report: Paycor in talks to be acquired by rival Paychex
Paycor, a Norwood-based human resources software company, is in talks to be acquired by a larger New York rival, according to ...
Hold Rating on Paycor Acquisition by Paychex: Strategic Benefits Balanced by Valuation Concerns
BMO Capital analyst Daniel Jester downgraded the rating on Paycor HCM (PYCR – Research Report) to a Hold today, setting a price target of ...
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BMO, Stifel analysts downgrade Paycor after $4.1bn sale to Paychex
Analysts at Stifel and BMO Capital Markets cut the stock rating of Paycor (NASDAQ:PYCR) HCM, in response to Paychex's (NASDAQ:PAYX) move to acquire the company for $22.50 per share. This acquisition ...
Experts: Paycor Stadium name change likely if company is acquired
Bloomberg reported Sunday that Rochester-based Paychex was “in advanced talks” to acquire the Norwood human resources ...