iSolved HCM, a Charlotte, NC — based Accel-KKR portfolio company which provides human capital management (HCM) solutions, acquired HK Payroll Services Inc., a provider of payroll services headquartered in Iowa.
The amount of the deal was not disclosed.
Led by Dave Dawson, CEO, iSolved provides a HCM platform that allows businesses to manage their mission-critical workforce challenges including human resources, payroll, time tracking and benefits enrollment, as well as their people-centric goals such as engagement, performance and continual learning.
The platform now has over 5 million employees and 145,000 employers.
With the acquisition, HKP customers will have access to a variety of additional tools and resources including iSolved with Mojo, a collaboration and performance solution, and iSolved Learn, a powerful learning management tool.
Led by Natalie Hoffmann, president, HKP is the workforce management affiliate of Honkamp Krueger & Co., P.C., a Top 100 CPA and business consulting firm, and HK Financial Services, a Top 100 wealth advisor by Forbes.