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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
On October 1, 2014, ADP Dealer Services division was spun-off to form the independent company CDK Global. The CDK in the company's name was inspired from different acquisitions; C from Cobalt Digital Marketing, [18] D from the original ADP Dealer Services business, and K from Kerridge Computer Company, a UK-based DMS supplier acquired by ADP in ...
Steve Sarowitz, and. Adams Street Partners (private equity) Number of employees. 6,200 (2023) [2] Website. www .paylocity .com. Paylocity is an American company that provides cloud -based payroll and human capital management software. It has been based in Illinois since its founding in 1997.
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