Heartland Payment Systems Buys Ovation Payroll

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Heartland Payment Systems
HPY
, one of the nation's largest payments processors, has expanded its Heartland Payroll Services business by acquiring Ovation Payroll, a leading U.S. payroll outsourcing company that offers payroll tax preparation and administration, Internet payroll reporting, direct deposit, and other services. In addition to being an important element in Heartland's strategic growth plan for Heartland's payroll business, the acquisition immediately brings aboard additional veteran payroll industry leaders, as well as a highly developed Affinity Partner network to provide high quality sales leads that can be leveraged throughout the Heartland sales force. The acquisition also provides immediate scale to more quickly leverage platform and operating costs while further enhancing Heartland's product and service offerings to merchants in virtually all markets in which Heartland conducts business.
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