Paylocity Corporation /
Airbase Inc.
Paylocity to buy Airbase in $325 million deal
What happened
Paylocity Corporation agreed to acquire Airbase Inc. for approximately $325 million in cash, subject to customary adjustments. The merger agreement was entered into on Aug. 29, 2024.
Airbase provides finance and spend management software, including bill pay, expense management, corporate cards and procurement capabilities.
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Paylocity to buy Airbase in $325 million deal
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