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

quotes I think that the one thing that, as we looked at different firms to help represent us, one of the things that really hooked us, and I believe was still a big factor, was the fact that we had a firm who understood the software side of our business, a firm specializing in software, and I think that helped us immensely in the process because we weren't having to go in and educated a firm or broker on how to speak our language to potential buyers. I think that was one of the things that made an easier decision for us to select Corum in that process. quotes

David Gorman
Clearview Staffing Software, Inc.