Paylocity buys Grayscale to expand AI-powered recruiting automation capabilities

Paylocity Holding Corp.

Paylocity Holding Corp.

PCTY

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  • Paylocity agreed to acquire Grayscale Labs, an AI-powered recruiting automation company.
  • Deal aims to expand Paylocity recruiting tools with AI that speeds high-volume hiring workflows while keeping final decisions with recruiters.
  • Transaction supports strategy to embed AI across Paylocity platform spanning HR, finance, IT.
  • Paylocity expects no material impact on fourth-quarter or fiscal 2026 financial results.
  • Company plans to address guidance in its third-quarter fiscal 2026 earnings release.


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