Great Hill Partners - Payroll Associates

Payroll Associates is a leading provider of complete production systems for payroll service bureaus, designed with revenue generating features and a processing system that guarantees efficiency and maximum profits. Corum Group advised Payroll Associates on its acquistion by an investment group led by Great Hill Partners, along with Baird Venture Partners and North Hill Ventures.

"Fishing with the Corum team at Langara was the next best thing to closing our transaction. These guys know how to work hard and play hard."
- Steve Morrison, 
Payroll Associates, Inc.
Seller:
Payroll Associates, Inc.
United States
Buyer:
Great Hill Partners/Baird Venture Partners/North Hill Ventures
United States
Closed:
January 2004

quotesWe engaged Corum to obtain liquidity for some of our shareholders. With their assistance we were able to accomplish this objective and the preparation work helped us to eventually secure a significant investment from the venture capital community…we are happy with the outcome.quotes

Charles Plant
Synamics Inc.