Neuberger Berman and QIA have invested $270 million in payroll and human resources services company Paycor. The latter is backed by Apax Partners.
Paycor helps more than 40,000 medium and small-sized businesses with recruiting and payroll to free up human resources departments.
“Cloud HCM / Payroll is a large, growing market with evolving customer needs. Paycor’s next-generation, integrated suite of solutions is at the forefront of this evolution,” says Apax Partner Jason Wright.