---
schema_version: "secwatch.filing_event.v1"
accession: "0000884144-21-000016"
form_type: "8-K"
ticker: "ASUR"
cik: "0000884144"
company_name: "ASURE SOFTWARE INC"
filed_at: "2021-10-06T23:59:59+00:00"
generated_at: "2026-06-28T22:46:40.499030+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Asure Software acquires USA Processing ($24.15M) and Paydata ($14.75M) in separate asset purchases

## Summary
- Acquired USA Processing for $24.15M: $15M cash, $4.32M promissory note, 522,875 shares of ASUR common.
- Acquired Paydata Payroll Services for $14.75M: $10.325M cash, $2.2125M note, 244,205 shares.
- Stock issued at $9.18/share (USA Processing) and $9.06/share (Paydata); exempt from registration under Rule 506(b).
- Both acquisitions closed Sept 30, 2021; subject to working capital adjustments and earnout (USA Processing only).
- Acquisitions expand payroll processing capabilities; Buyer indirect subsidiary Evolution Payroll Processing LLC.

## SEC filing metadata
- accession: 0000884144-21-000016
- form_type: 8-K
- ticker: ASUR
- cik: 0000884144
- company_name: ASURE SOFTWARE INC
- filed_at: 2021-10-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884144/000088414421000016/0000884144-21-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884144/000088414421000016/asur-20210930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884144-21-000016
- JSON: https://secwatch.observer/filing/0000884144-21-000016.json
- Plain text: https://secwatch.observer/filing/0000884144-21-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.