VCA Stocks

Paylocity Corp., one of America’s fastest growing providers of payroll and HR solutions, announced today that it has formed a strategic partnership with Adams Street Partners, one of the nation’s oldest and largest private equity firms.  Under the partnership, Paylocity will receive a series A capital investment of nearly $10 million.  Paylocity was founded in 1997 and is the preeminent provider of Web-based SAAS (Software-as-a-Service) payroll and human resource solutions for mid-sized companies.  Paylocity currently processes over 6 million checks per year for nearly 3,500 clients.