Payworks has entered a strategic partnership with Hg to enhance growth and innovation in the Canadian human capital management market.

Information on the Target

Payworks, based in Winnipeg, Manitoba, is a prominent Canadian provider of total workforce management solutions. The company has successfully catered to the payroll, human resources, time and attendance, and workforce analytics needs of over 40,000 businesses throughout Canada. Recognized annually since 2012 as one of Canada’s Best Managed Companies and a three-time winner of Canada’s Top Small & Medium Employers award, Payworks is dedicated to innovation and a strong commitment to its clients, employees, and communities.

With a robust workforce of over 600 employees and an extensive network of offices across the nation, Payworks is strategically positioned to support Canadian businesses and their employees. The company prides itself on providing expert, dedicated service that enhances the overall client experience and establishes it as a leader in the Canadian human capital management (HCM) landscape.

Industry Overview in Canada

The Canadian HCM industry has experienced significant growth in recent years, driven by the increasing demand for effective workforce management solutions as companies se

View Source

Similar Deals

Northleaf Capital Partners Shared Tower Inc.

2025

Strategic Partnership Telecommunications Network Infrastructure Canada
Malar Group Spendsafe

2025

Strategic Partnership Financial Technology (Fintech) (NEC) Canada
Malar Group 15Rock

2025

Strategic Partnership Financial Technology (Fintech) (NEC) Canada
PathFactory Uberflip

2024

Strategic Partnership Content & Site Management Services Canada
Beringer Capital Northern Commerce

2024

Strategic Partnership E-commerce & Auction Services Canada
Warburg Pincus Varicent

2024

Strategic Partnership Enterprise Software Canada

Hg

invested in

Payworks

in 2025

in a Strategic Partnership deal

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert