Paylocity acquires Cloudsnap to bolster integration automation platform

Paylocity Holding Corp

Acquisition of Cloudsnap, a low-code integration platform, announced January 19, 2022.
Cloudsnap enables API integrations to automate data flows across HR, finance, and other systems.
No financial terms or deal value disclosed; impact on Q3 and FY2022 expected to be immaterial.
Paylocity will update financial guidance in normal course with Q2 FY2022 earnings release.

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