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On September 8, 2025, Hg, a prominent investor specializing in transatlantic software and services businesses, has finalized an investment in Payworks, a leading Canadian provider of total workforce management solutions. The transaction marks a significant milestone for Payworks, which has spent 25 years developing proprietary workforce management technologies tailored to Canadian employers.
Transaction value was not disclosed.
Parties
Company
Hg Capital
Company
Payworks Inc.
Deal Type
Financing/InvestmentIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
08 September 2025