09:25 AM EDT, 10/29/2025 (MT Newswires) -- Automatic Data Processing ( ADP ) said Wednesday that it has acquired Pequity, a compensation management software firm based in San Francisco.

Financial terms were not disclosed.

ADP said the acquisition will increase its offerings to support compensation planning for mid-size, enterprise and multinational clients.

ADP shares were down by more than 3% in recent premarket trading.