ADP, a leader in HR and payroll solutions, has acquired Pequity, an innovative compensation management software company founded in 2019. The acquisition strengthens ADP’s compensation management portfolio and enhances its ability to serve the growing needs of mid-size, enterprise, and multinational clients.
Pequity’s flexible platform integrates AI-enhanced insights, budgeting tools, and integrations with the human capital management (HCM) ecosystem. It enables organizations to design equitable pay programs, manage compensation workflows, and ensure compliance with evolving pay transparency laws and market dynamics.
With Pequity, ADP will expand its capabilities to deliver automated, data-driven compensation planning and scenario modeling, supporting employers’ efforts to attract, retain, and reward top talent in a highly competitive labor market.
KEY QUOTES:
“From changing pay transparency laws and regulations to the growing need for deeper insights and analytics, employers today need flexible compensation solutions to help them address the dynamic talent market and make informed pay decisions. We are excited to welcome the Pequity team to ADP and will leverage the deep expertise across both teams to further innovate and address the evolving compensation management landscape.”
Sreeni Kutam, President of Global Product and Innovation, ADP
“The Pequity team is thrilled to join ADP. Pequity was founded with the goal of enabling better pay decisions and simplifying the compensation process. Now, with the extensive expertise, resources and global reach of ADP, we can continue to drive the future of compensation management innovation at scale.”
Kaitlyn Knopp, Chief Executive Officer and Co-Founder, Pequity
