ROSELAND, N.J., Aug. 24 /PRNewswire-FirstCall/ -- ADP ®, a
leading provider of HR, payroll and benefits administration
services, today announced that it has completed its acquisition of
privately-held Workscape, Inc., a premier provider of integrated
benefits and talent management solutions and services.
Based in Marlborough,
Massachusetts, with approximately 400 employees, Workscape
serves a broad client base, including numerous Fortune 250
companies, and provides solutions to more than 3.5 million users
with services deployed in over 180 countries, 48 currencies and 70
languages. Workscape's core products are considered leading
technologies for the markets they serve, and the company's Total
Rewards approach has consistently helped organizations to achieve
the highest return on their greatest workforce expenditures:
healthcare benefits and employee compensation. A Total Rewards
strategy enables organizations to efficiently connect and manage
key HR processes (benefits, compensation and performance) to
elevate individual, manager and financial efficiency.
"An integral part of ADP's growth strategy is expanding our
benefits and talent management portfolio and the strategic
acquisition of a well-established player such as Workscape
represents a significant step in that effort," said Carlos Rodriguez, President of ADP National
Account Services and Employer Services International. "The addition
of Workscape's premier benefits and compensation management
solutions, its strong brand presence and stellar roster of
multi-national clients – coupled with our relationship with
Cornerstone OnDemand, a leader in talent management software – will
enable ADP to deliver market-leading solutions for large, complex
organizations while helping drive the continued growth of our
business."
"The strategic and cultural fit between ADP and Workscape is
compelling, and will be extremely complementary in terms of
services. We're confident that the combination of our organizations
will create greater value for our mutual clients and deepen our
strong relationship with these organizations," added Rodriguez. "We
look forward to working closely with Workscape's dynamic leadership
team to ensure a seamless integration."
Tim Clifford, co-founder,
President and CEO of Workscape commented, "Since our founding in
1999, Workscape's track record of boosting employee satisfaction,
controlling HR costs, and driving higher performance across
enterprises has enabled us to achieve strong growth while earning
the trust of our valued customers. By joining ADP, one of the
world's most admired companies, we are maximizing our opportunity
to play an even more impactful role in expanding the benefits and
talent management services marketplace."
About ADP
Automatic Data Processing, Inc. (Nasdaq: ADP), with nearly
$9 billion in revenues and about
570,000 clients, is one of the world's largest providers of
business outsourcing solutions. Leveraging 60 years of experience,
ADP offers a wide range of HR, payroll, tax and benefits
administration solutions from a single source. ADP's easy-to-use
solutions for employers provide superior value to companies of all
types and sizes. ADP is also a leading provider of integrated
computing solutions to auto, truck, motorcycle, marine and
recreational vehicle dealers throughout the world. For more
information about ADP or to contact a local ADP sales office, reach
us at 1.800.225.5237 or visit the company's website at
www.ADP.com.
For more information,
contact:
|
|
Kelly Shanley, ADP
(973) 974-7612
public_relations@adp.com
|
|
|
|
Christian Harper, Weber
Shandwick for ADP
(212) 445-8135
charper@webershandwick.com
|
|
|
SOURCE Automatic Data Processing, Inc.
Copyright . 24 PR Newswire