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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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