ADP Acquires Pequity

Paul, Weiss advised ADP, a global leader in human resources and payroll solutions, on its acquisition of Pequity, an innovative compensation management software provider. The acquisition will expand the tools ADP offers to support the complex compensation planning needs of its mid-size, enterprise and multinational clients. Financial terms were not disclosed.

The Paul, Weiss team was led by corporate partners Megan Spelman and Neil Goldman, and included partners Steven Kaye and Joseph Friedman; intellectual property partner Chuck Googe; executive compensation partner Lawrence Witdorchic; and tax partner Anne McGinnis and counsel Daniel Bleiberg.