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Paylocity Acquires Grayscale to Boost AI Recruiting

Announced
TechnologyIllinoisAdd-on

Deal Overview

Paylocity (NASDAQ: PCTY) announced it will acquire Grayscale Labs, Inc., an AI-powered recruiting automation company. The deal is designed to expand Paylocity’s recruiting capabilities for organizations hiring at scale.

Grayscale’s platform focuses on AI-driven automation to help employers engage candidates earlier and move faster through time-sensitive recruiting workflows. Paylocity says hiring decisions remain with recruiters and hiring managers. Paylocity does not expect the acquisition to have a material impact on its Q4 or fiscal 2026 financial results and will update guidance in its third quarter fiscal 2026 earnings release.

Key Details

Transaction
Paylocity acquires Grayscale
Deal Size
Over $100M

Source

Read full article on globenewswire.com

via GlobeNewswire — M&A · April 7, 2026

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