Transaction Overview
- S&W Payroll Services, LLC (dba “Netchex” or the “Company”) is a leading provider of a comprehensive software-as-a-service human resource platform. The Company offers a web-based suite of employer solutions, including payroll, human resources, time & attendance management, benefits administration, Affordable Care Act compliance, reporting, and talent management modules.
Key Observations
- The Company sought a partner that could accelerate growth to capture further market share in new geographies, as well as build on its reputation as a market innovator.
Drivers of Interest
- Primus’s focus on the Human Capital Management industry and track record of helping leading growth stage companies realize their potential rendered them the optimal partner to help Netchex continue to scale.