The Cosine Group, a division of Armory Securities, is excited to congratulate our client Pequity, an innovative leader in compensation management software, on its acquisition by ADP, a global leader in HR and payroll solutions. The acquisition will broaden the tools ADP offers to support the complex compensation planning needs of its mid-size, enterprise and multinational clients. The Cosine Group served as the exclusive financial advisor to Pequity for the transaction.
About Pequity:
Pequity’s platform centralizes compensation planning, analytics, and approvals—enabling HR and finance teams to design and execute fair, efficient, and compliant compensation programs at scale. Used by mid-market and global enterprise finance, technology and healthcare organizations, including Canva, Instacart, Notion, Captrust, and Uber Freight, Pequity increases the control of and flexibility in building and managing compensation programs all while reducing the time requirements from weeks to days. The company was founded in San Francisco in 2019, and operates with a fully-remote team spanning the globe.
About The Cosine Group:
This acquisition adds to The Cosine Group’s extensive experience advising B2B software companies in strategic transactions. Serving in both sell-side and buy-side capacities to growth-stage technology companies, The Cosine Group boasts significant experience with commerce enablement, content management, digital media, financial technology, marketing technology, vertical software, and tech-enabled solutions companies. The transaction was led by Nick Hailey and Dan Lasher.
For information on this transaction or about The Cosine Group, a division of Armory Securities, please contact one of the following deal team members:
Nick Hailey
Managing Director
nhailey@tcosg.com
415.264.2515
Dan Lasher
Principal
dlasher@tcosg.com
610.247.4564
Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at www.armorygroupllc.com.
Armory Securities, LLC, member FINRA, Member SIPC