Paychex Snaps Up Paycor: $4.1 Billion Deal To Strengthen AI-Driven HR Solutions
Paychex Snaps Up Paycor: $4.1 Billion Deal To Strengthen AI-Driven HR Solutions
Paychex plans to maintain its dividend policy and strong balance sheet, with committed financing in place for the transaction, which will be supported by incremental debt.Paychex, Inc. (NASDAQ:PAYX) shares are trading higher on Tuesday after the company disclosed a deal to fully acquire Paycor HCM, Inc. (NASDAQ:PYCR) in an all-cash transaction representing an enterprise value of around $4.1 billion.
沛齊公司 (納斯達克:PAYX) 的股票在週二上漲，此前該公司披露了以現金交易的方式完全收購Paycor HCm, Inc. (納斯達克:PYCR) 的協議，交易的企業價值約爲41億。
Paychex will acquire Paycor for $22.50 per share, which represents a 19% premium over Paycor's 30-day volume-weighted average trading price as of January 3, 2025.
沛齊將以每股22.50美元收購Paycor，較Paycor截止2025年1月3日的30天成交量加權平均交易價格溢價19%。
The Apax Funds acquired a majority stake in Paycor in November 2018 for $1.3 billion and took the company public in July 2021.
Apax 基金在2018年11月收購了Paycor的多數股份，價格爲13億，並在2021年7月將公司上市。
Paychex plans to maintain its dividend policy and strong balance sheet, with committed financing in place for the transaction, which will be supported by incremental debt.
沛齊計劃維持其分紅政策和強勁的資產負債表，交易將有承諾的融資支持，並將通過增量債務進行支持。
The agreement has been unanimously approved by the Boards of Directors of both companies. The acquisition is expected to close in the first half of 2025, pending regulatory approvals and other customary closing conditions.
該協議已得到兩家公司董事會的全體一致批准。收購預計將在2025年上半年完成，待監管審批和其他常規成交條件滿足。
The deal is expected to generate over $80 million in cost synergies and significant revenue synergies, with the acquisition being neutral to slightly accretive to EPS in the first fiscal year and accretive thereafter.
預計該交易將產生超過8000萬的成本協同效應和顯著的營業收入協同效應，收購對每股收益在第一個財政年度中略微中立或有增益，之後將有增益。
The acquisition is expected to create a comprehensive HCM portfolio, enhancing Paychex's ability to serve all customer segments.
預計該收購將創建一個綜合的HCm產品組合，增強沛齊服務所有客戶細分市場的能力。
Paycor's upmarket strength complements Paychex's existing position, expanding sales coverage and growth opportunities through strategic partnerships.
Paycor在高端市場的優勢補充了沛齊現有的市場地位，通過戰略合作伙伴關係擴展銷售覆蓋範圍和增長機會。
John Gibson, President and CEO of Paychex highlighted that acquiring Paycor will enhance Paychex's upmarket capabilities, broaden its AI-driven HR technology, and provide new growth opportunities.
沛齊的總裁兼首席執行官約翰·吉布森強調，收購Paycor將提升沛齊的市場能力，擴大其人工智能驅動的人力資源科技，並提供新的增長機會。
As of November 30, 2024, PAYX had $1.3 billion in cash and investments and $841.1 million in operating cash flow for the six months.
截至2024年11月30日，PAYX擁有13億現金和投資，以及84110萬美元的營業現金流。
Investors can gain exposure to the stock via USCF ETF Trust USCF Dividend Income Fund (NYSE:UDI) and WBI BullBear Value 3000 ETF (NYSE:WBIF).
投資者可以通過USCF ETF Trust USCF股息收入基金（紐交所代碼：UDI）和WBI Large Cap Tactical Value Shares（紐交所代碼：WBIF）獲得該股票的敞口。
Price Action: PAYX shares are up 2.11% at $138.93 at the last check Tuesday, while PYCR is down 3.06%.
價格行情：截至週二最後一次檢查，PAYX的股價上漲2.11%，達到138.93美元，而PYCR下跌3.06%。
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Image via Shutterstock.
圖片由Shutterstock提供。
譯文內容由第三人軟體翻譯。
