Kirkland-Guided Paycor Nabs $270M In Fresh Investments

Law360 (January 4, 2021, 4:30 PM EST) -- Private equity-backed Paycor, guided by Kirkland & Ellis LLP, said Monday that an investor consortium will inject $270 million into the payroll software company to help fuel growth.

The investor group is co-led by Neuberger Berman Group LLC, on behalf of funds that it advises, and by sovereign wealth fund Qatar Investment Authority, the announcement said. It also includes investment managers ClearBridge Investments and Franklin Templeton, Israeli investment bank Leumi Partners and public equity fund Teca Partners LP.

Paycor offers recruitment, payroll and human resources software to small and medium-sized businesses. The company partners with over 40,000 businesses worldwide, according to...

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