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  1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
  6. QuickLinks
  1. Launch

myPay Solutions Inc.

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Location

Ann Arbor MI US

Primary Industry

Outsourcing

About

Based in Michigan, US, myPay Solutions Inc., operates as a software company that offers online payroll reporting, payroll tax, and payroll data security solutions. In October 2022, IRIS Software Group Limited, a portfolio company of Hg and Intermediate Capital Group, acquired myPay Solutions. As of 2022, the company offers services to small and medium-sized businesses in more than 50 states in the United States. The company offers various software solutions that include payroll processing, federal payroll tax services, state tax filing, and direct deposit. The company’s software integrates with other existing solutions to provide payroll management and data security solutions.
Current Investors
IRIS Software Group Limited

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Primary Industry
Outsourcing
Sub Industries
Recruitment/Executive Search, IT Security/Cybersecurity, HR & Workforce Software
Website
www.mypaysolutions.thomsonreuters.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Deals

Deals Type
Add-on
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed myPay Solutions Inc. 26 Oct 2022
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