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ADP Acquires Elliott-Backed WorkForce Software

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Photographer: Patrick T. Fallon/Bloomberg

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By David Carnevali, Ryan Gould, and Crystal Tse

October 15, 2024 at 2:08 PM UTC

This article is for subscribers only.

Automatic Data Processing Inc. has acquired WorkForce Software, a software provider whose backers included Elliott Investment Management and Insight Partners.

Financial terms of the deal weren’t disclosed in an announcement Tuesday. Bloomberg News reported in September that ADP was in talks to buy the Livonia, Michigan-based company for about $1.2 billion.