SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: August 21, 2017
(Date of earliest event reported)
PAYCHEX, INC.
(Exact name of registrant as specified in its charter)
DELAWARE |
0-11330 |
16-1124166 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
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911 PANORAMA TRAIL SOUTH, ROCHESTER, NEW YORK |
14625-2396 |
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(Address of principal executive offices) |
(Zip Code) |
(585) 385-6666
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 7.01 REGULATION FD DISCLOSURE
On August 21, 2017, Paychex, Inc. (“Paychex” or the “Company”) announced the acquisition of HR Outsourcing Holdings, Inc. (“HROI”), and all of its operating subsidiaries. The Company’s press release dated August 21, 2017, announcing the acquisition of HROI, is furnished as Exhibit 99.1 to this Current Report on Form 8-K (“Form 8-K”).
HROI is a national professional employer organization that provides human resource (“HR”) solutions to small and medium-sized businesses in more than 35 states. This acquisition expands the Company’s leadership position in the HR outsourcing business. HROI is headquartered in Charlotte, North Carolina and has approximately 140 employees who will be offered the opportunity to become Paychex employees. Terms of the acquisition were not disclosed.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
The following exhibit relating to Item 7.01 of this Form 8-K is furnished herewith:
Exhibit 99.1 |
Press Release of Paychex, Inc. dated August 21, 2017. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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PAYCHEX, INC. |
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Date: |
August 21, 2017 |
/s/ Martin Mucci |
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Martin Mucci |
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President and Chief Executive Officer |
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Date: |
August 21, 2017 |
/s/ Efrain Rivera |
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Efrain Rivera |
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Senior Vice President, Chief Financial Officer, and Treasurer |