ADP Acquires WorkMarket

Paul, Weiss advised ADP, LLC in its acquisition of WorkMarket Inc., a leading cloud-based workforce management solution provider that allows companies to build and manage an integrated workforce across W-2 employees, 1099 contractors, vendors and other types of workers. With this acquisition, ADP builds on its current portfolio of industry-leading payroll and human capital management solutions that help clients and workers modernize the way work gets done while unlocking productivity, engagement and growth. Financial terms of the transaction were not disclosed.

The Paul, Weiss team included corporate partner Neil Goldman; employee benefits partner Lawrence Witdorchic; antitrust partner Aidan Synnott and counsel Marta Kelly; intellectual property partner Chuck Googe; real estate partner Peter Fisch; tax partner Jeffrey Samuels and counsel Alyssa Wolpin; and environmental counsel William O’Brien.