Here how the latest acquisition in HR sector will help employers navigate new pay transparency rules.
ADP, an HR and payroll solutions provider, has announced the acquisition of Pequity, a compensation management software provider.
It is expected that the deal will provide ADP with increased AI-driven insights, flexible configurations, and scenario planning to streamline pay decisions.
Discover more about this acquisition below.
HR and payroll solutions provider ADP has acquired compensation management software provider, Pequity.
By acquiring Pequity, which was founded in 2019, ADP aims to expand its portfolio of tools to better support the complex compensation planning needs of mid-size, enterprise, and multinational clients.
The businesses is expected to provide ADP with AI-enhanced insights, flexible configurations, budgeting and scenario planning tools, and HCM ecosystem.
By doing so, ADP aims to broaden the compensation management capabilities it offers, while also supporting the needs of its enterprise and global clients.
In June 2026, the EU Pay Transparency Directive will be enforced – impacting business both inside and outside of Europe.
ADP’s ambition through its acquisition of Pequity is to help strengthen the business’s position to support its customers.
From changing pay transparency laws and regulations to the growing need for deeper insights and analytics, employers today need flexible compensation solutions to help them address the dynamic talent market and make informed pay decisions,” Sreeni Kutam, President of Global Product and Innovation at ADP, said in a statement.
“We are excited to welcome the Pequity team to ADP and will leverage the deep expertise across both teams to further innovate and address the evolving compensation management landscape.”
Additionally, the deal is expected to make it easier for employers to manage their compensation programs, by offering a “new class” of compensation management software.
To do so, the software will combine the familiarity and intuitiveness of spreadsheets with the power of automation at scale.
Kaitlyn Knopp, CEO and Co-founder of Pequity expressed that she is “thrilled” that Pequity is joining the ADP team.
She explained that the business was founded with the purpose of encouraging “better pay decisions” and to simplify the compensation process.
Now, through the deal, Pequity will benefit from the “extensive expertise, resources and global reach” of ADP, allowing the business to continue its mission to “drive the future of compensation management innovation at scale.”
Stay tuned for more updates.
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Senior Journalist, UNLEASH
Lucy Buchholz is an experienced business reporter, she can be reached at lucy.buchholz@unleash.ai.
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