acquisition shakes up mid-market HCM stock By Investing.com
Paycor HCM , Inc. (NASDAQ:), a provider of cloud-based human capital management (HCM) software solutions, is set to be acquired by industry giant Paychex (NASDAQ:) in a deal that has reshaped the competitive landscape of the mid-market HCM sector. The acquisition, announced on January 10, 2025, values Paycor at $22.50 per share, representing an enterprise value of approximately $4.1 billion. According to InvestingPro data, this offer price comes as Paycor’s stock has shown remarkable momentum, with an 80.67% return over the past six months and a significant 19.47% surge in the past week.
Company Background and Market Position
Paycor has established itself as a key player in the HCM software market, targeting companies with 10-1,000…
