Paylocity announces acquisition of Blue Marble Payroll
SCHAUMBURG -- Paylocity, a provider of cloud-based HR and payroll software solutions, Wednesday said it has acquired Blue Marble Payroll, a longtime partner providing international payroll solutions.
Highland Park-based Blue Marble is a leading global payroll provider for companies seeking more control and convenience in international payroll processes. It now serves approximately 450 clients.
Blue Marble's platform enables U.S.-based companies to manage payroll for employees outside the U.S. in line with complex local and country-specific requirements across more than 150 countries. Paylocity has worked with Blue Marble since its start in 2013, helping shared clients with their international payroll needs.
"As the hybrid workforce becomes more predominant, there is an opportunity to help companies expand internationally, deliver greater automation, and unify payroll systems," said Steve Beauchamp, CEO of Schaumburg-based Paylocity.
Terms of the transaction were not disclosed.