Backed by Aquiline Capital Partners, PrimePay has announced its acquisition of SyncHR, a payroll and benefits management software provider. This unification of PrimePay and SyncHR will lead to greater insights and efficiencies in the industry that will drive business operations and growth. Exbo Group worked with Aquiline to support this acquisition.

Aquiline is a private investment firm that invests in companies related to technology, business services, and healthcare. When partnering with companies, Aquiline aims to support aggressive growth initiatives and other paths to equity value creation. The firm boasts $6.1 billion in assets.