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Corporation
BUSINESS PRODUCTS & SERVICES | HR & Staffing
adp.com

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Investments

7

Portfolio Exits

9

Partners & Customers

10

About Automatic Data Processing

Automatic Data Processing (NASDAQ: ADP) is a global provider of cloud-based Human Capital Management (HCM) solutions that unite HR, payroll, talent, time, tax, and benefits administration, and also provides business outsourcing services, analytics, and compliance expertise.

Automatic Data Processing Headquarter Location

One ADP Boulevard

Roseland, New Jersey, 07068,

United States

973-974-5000

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Expert Collections containing Automatic Data Processing

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

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Fortune 500 Investor list

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Automatic Data Processing Web Traffic

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Latest Automatic Data Processing News

Pre-Markets Up on Better-than-Expected Private Jobs Addition

Dec 1, 2021

This story originally appeared on Zacks A very welcome private-sector monthly jobs report from Automatic Data Processing  ADP  greets market participants this morning, with a better-than-expected 534K new private-sector jobs reportedly created for the month of November. This is down slightly from the slightly downwardly revised (but still excellent) 570K reported for October, but higher than the 506K consensus estimate. - Zacks In truth, any month that can register half a million jobs (6 million for a full year) is a good one for the U.S. labor market. Goods came in strong with 110K new positions filled in non-government sectors last month, while Services predictably did even better: 424K. Large companies (> 500 workers) flexed their health benefits, stock compensation and other advantages, hiring 277K employees in November, followed by 142K for medium-sized companies and 115K for small firms (< 50 workers). Leisure & Hospitality, which is still working off the massive layoffs seen at both the early part of the pandemic and in subsequent waves of Covid-19 in travel-heavy regions of the country, easily led the way with 136K new jobs filled, Trade & Transportation rode the heavy seasonality ahead of holiday shopping at posted 78K new positions, and Education & Healthcare improved to 55K. Construction and Manufacturing performed very well in last month’s private sector, reporting 52K and 50K jobs filled last month, respectively. We still have some ways to go before we’re back at pre-pandemic levels in overall U.S. employment, but these numbers certainly help. It’s now the third-straight month above 500K new private-sector jobs created, and the 11th straight month of overall job gains according to ADP. We will have to watch as the Omicron variant works its way throughout the globe how it might affect demand in goods and services, but this is likely at least a couple months away. As long as we see big chunks of unemployment done away with month over month, it will fuel the engine for economic growth. After today’s opening bell, new figures from Markit Manufacturing PMI and ISM Manufacturing will give us another look at goods-producing sectors in the economy, also for November. We’ll also see a new Construction Spending report and the latest Beige Book this afternoon. There will also be a second day of testimony before a Senate committee today from Fed Chair Jay Powell and Treasury Secretary (and former Fed Chair) Janet Yellen; hopefully they will be able to salve current concerns about a hawkish end to asset tapering in the face of the Omicron threat. Right now, markets are up big following two major downturns in the past three sessions: the Dow is +350 points at this hour, the S&P 500 is +60 and the Nasdaq is +230 points. Those record index highs are still a ways off with the big takedowns both yesterday and last Friday’s half-day of trading; it would appear the market is looking to establish some equilibrium. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

Automatic Data Processing Investments

7 Investments

Automatic Data Processing has made 7 investments. Their latest investment was in Payroll as part of their Private Equity - II on February 2, 2003.

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Automatic Data Processing Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/28/2003

Private Equity - II

Payroll

No

1

3/20/2002

Private Equity

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$99M

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10

3/20/2002

Secondary Market - II

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$99M

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10

1/22/1999

Series C

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$99M

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10

1/13/1998

Series A

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$99M

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10

Date

2/28/2003

3/20/2002

3/20/2002

1/22/1999

1/13/1998

Round

Private Equity - II

Private Equity

Secondary Market - II

Series C

Series A

Company

Payroll

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Amount

$99M

$99M

$99M

$99M

New?

No

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Co-Investors

Sources

1

10

10

10

10

Automatic Data Processing Portfolio Exits

9 Portfolio Exits

Automatic Data Processing has 9 portfolio exits. Their latest portfolio exit was Payroll on June 22, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/22/2021

IPO

1

00/00/0000

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$991

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10

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10

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10

00/00/0000

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10

Date

6/22/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

IPO

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Companies

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Valuation

$991

Acquirer

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Sources

1

10

10

10

10

Automatic Data Processing Acquisitions

36 Acquisitions

Automatic Data Processing acquired 36 companies. Their latest acquisition was Celergo on August 01, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/1/2018

Growth Equity

$15M

Acquired

1

1/22/2018

Series E

$66M

Acquired

3

10/5/2017

Acquired

1

1/17/2017

Series A

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$99M

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10

9/30/2014

IPO

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$99M

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10

Date

8/1/2018

1/22/2018

10/5/2017

1/17/2017

9/30/2014

Investment Stage

Growth Equity

Series E

Series A

IPO

Companies

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Valuation

Total Funding

$15M

$66M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Sources

1

3

1

10

10

Automatic Data Processing Partners & Customers

10 Partners and customers

Automatic Data Processing has 10 strategic partners and customers. Automatic Data Processing recently partnered with Sage Intacct on March 3, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

3/10/2021

Partner

Sage Intacct

United States

March 10, 2021|By Sandra Haddad. ADP + Sage Intacct: Powerful Partnership for Nonprofits - JMT Consulting

A formal partnership between ADP and Sage Intacct means they integrate seamlessly with one another through API .

1

2/19/2021

Partner

Globalization Partners

United States

Globalization Partners and ADP TotalSource® Come Together to Make Employee Compliance Turnkey for Small and Midsized Businesses Expanding Globally

Leading Employer of Record provider Globalization Partners has announced that the company will team up with ADP TotalSource to provide professional staffing resources to small and mid-sized businesses looking to expand .

1

2/18/2021

Licensor

Visa

United States

ADP integrates with Visa Direct

`` Our partnership with ADP is another important milestone in Visa 's efforts to help reimagine the way workers get paid , both today and in the future . ''

3

2/11/2021

Partner

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10

12/18/2020

Client

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10

Date

3/10/2021

2/19/2021

2/18/2021

2/11/2021

12/18/2020

Type

Partner

Partner

Licensor

Partner

Client

Business Partner

Sage Intacct

Globalization Partners

Visa

Country

United States

United States

United States

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News Snippet

March 10, 2021|By Sandra Haddad. ADP + Sage Intacct: Powerful Partnership for Nonprofits - JMT Consulting

A formal partnership between ADP and Sage Intacct means they integrate seamlessly with one another through API .

Globalization Partners and ADP TotalSource® Come Together to Make Employee Compliance Turnkey for Small and Midsized Businesses Expanding Globally

Leading Employer of Record provider Globalization Partners has announced that the company will team up with ADP TotalSource to provide professional staffing resources to small and mid-sized businesses looking to expand .

ADP integrates with Visa Direct

`` Our partnership with ADP is another important milestone in Visa 's efforts to help reimagine the way workers get paid , both today and in the future . ''

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Sources

1

1

3

10

10

Automatic Data Processing Team

41 Team Members

Automatic Data Processing has 41 team members, including current Chief Executive Officer, President, Carlos A Rodriguez.

Name

Work History

Title

Status

Carlos A Rodriguez

Chief Executive Officer, President

Current

Jan Siegmund

President

Current

Christopher R Reidy

Chief Financial Officer

Current

Michael L Capone

Chief Information Officer

Current

Frank Villavicencio

Chief Product Officer

Current

Name

Carlos A Rodriguez

Jan Siegmund

Christopher R Reidy

Michael L Capone

Frank Villavicencio

Work History

Title

Chief Executive Officer, President

President

Chief Financial Officer

Chief Information Officer

Chief Product Officer

Status

Current

Current

Current

Current

Current

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