ADP Completes Acquisition of Employease, Enhancing Its HR and Benefits Product Suite

Strategic Insights -

The Employer Services Division of Automatic Data Processing, Inc. (ADP) has finalized its acquisition of Employease, Inc., a leading provider of Web-based solutions and outsourcing options for HR and benefits professionals. This strategic move strengthens ADP's position in the mid-market segment and expands its Software-as-a-Service (SaaS) product portfolio. The acquisition enables ADP to deliver enhanced value, flexibility, and choice to its clients, further solidifying its presence in the mid-market.

Key Takeaways:

  • ADP has completed its acquisition of Employease, Inc., a leading provider of Web-based solutions and outsourcing options for HR and benefits professionals.
  • The acquisition strengthens ADP's position in the mid-market segment and expands its Software-as-a-Service (SaaS) product portfolio.
  • The deal complements ADP's existing HR and benefits product suite, enabling it to deliver additional value, flexibility, and choice to its clients.
  • Employease's exceptional experience and services will enhance ADP's Software-as-a-Service (SaaS) product portfolio.
  • The acquisition is a strategic move to further expand ADP's presence in the mid-market by leveraging its sales force.
  • Approximately 540,000 companies rely on ADP Employer Services (ES) for unparalleled service and compliance expertise.
  • ADP ES offers a range of HR, payroll, and benefit administration solutions to meet the diverse business needs of employers worldwide.
  • ADP's cost-effective, easy-to-use solutions provide superior value to companies of all sizes, allowing them to focus on other core activities.

Statistics:

  • ADP has revenues of nearly $9 billion and serves more than 570,000 clients worldwide.
  • The acquisition of Employease is part of ADP's ongoing efforts to expand its HR and benefits product suite.
  • Employease's integrated suite of Web-based, hosted payroll, HR, and benefits administration services is tailored for the mid-market segment.
  • ADP's HR/Benefits Solution has been available to clients since October 2004, when it partnered with Employease.

Sources:

  • MARKET WIRE via COMTEX, "ADP Expands HR and Benefits Product Suite with Acquisition of Employease", October 03, 2006.
  • Automatic Data Processing, Inc., "About ADP" section of their website.
  • ADP, "ADP HR/Benefits Solution" webpage.
  • Comtex News Network, Inc., "Comtex SmarTrend Alert" dated September 29, 2006.