ADP Acquires WorkMarket to Further Extend Human Capital Management to Contingent Workers and Create More Agile and Inclusive Solutions for a Changing Workforce

ROSELAND, NJ–(Marketwired – Jan 22, 2018) – ADP^® today announced the acquisition of WorkMarket, 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.

The financial terms of the transaction were not disclosed.