Case Study: Apax achieves rapid, reliable carve-out HCM and payroll onboarding with Paycor

Paycor helps carve outs in the Apax funds

Apax is a global private equity firm that regularly executes carve-outs, which require standing up enterprise systems like HCM and payroll on an accelerated timeline to stabilize employees and separate the new entity from its former parent. For a recent carve-out from American Water, Apax needed a trusted partner that could implement quickly and accurately to ensure a successful separation.

Apax chose Paycor for its reputation for fast implementations and strong support; Paycor rapidly onboarded about 400 employees and delivered the required systems on schedule. The engagement resulted in a successful go-live and on-time first payroll—outcomes that have increased Apax’s confidence in using Paycor for future carve-outs.

Apax

Velina Butti

Principal, Transformation & Automation in Operational Excellence