Warburg Pincus portfolio company PayScale, the leader in modern compensation software, will merge with MarketPay.
On April 21, Willkie client PayScale, Inc., a Warburg Pincus portfolio company and the leader in modern compensation software, announced it will merge with MarketPay, a company offering technology-enabled services for managing multiple sources of compensation survey data.
PayScale will incorporate MarketPay’s advanced data management and market pricing applications for large organizations into its line of innovative compensation management solutions designed to help businesses get pay right for their employees.
The deal team was led by partner Robert Stebbins and associates Jeffrey Daniel and Christina Mann. Also assisting on the matter were partners Mark Holdsworth and Christopher Peters, counsel William Thomas; associates Daniel Bumpus, Elizabeth Case, Amir Ghavi, Matthew Langley, Meredith Levy, Annise Maguire and Ryan Stott; and law clerks Iliana Djagova, Preeta Reddy and Justin Sommerkamp.