AGC Partners is pleased to announce that its client, Apex HCM ("Apex"), a portfolio company of Serent Capital, a leading cloud-based HCM software provider for payroll service bureaus (PSBs) and Certified Public Accountant (CPA) firms, has been acquired by IRIS Software Group ("IRIS"). The acquisition of Apex is a significant milestone in IRIS' international growth. The combined business will provide payroll solutions to over 130,000 SMBs and one million employees across the United States and Canada. AGC Partners acted as sole financial advisor to Apex HCM.
To view the announcement by Apex HCM, click here.
"The AGC team did a terrific job, in an increasingly challenging market, to find the right long-term partner for Apex HCM and in leading execution of the transaction. They put their client first, serving as clear, transparent and trusted strategic advisors throughout the process."