Payworks
Manager
Fund |
Fund manager
Co-invested company
sector
Technology / Software
regional split
North America
vintage
status
Portfolio
category
HG Capital Genesis 10

Payworks

Co-invested company
A Canadian leader in integrated payroll processing and workforce management solutions.
Payworks is a 100% Canadian technology company specializing in payroll outsourcing, human resources management, time and attendance management. Thanks to its unified cloud platform, it helps businesses of all sizes simplify their administrative processes while ensuring strict compliance with local legislation.

Payworks key figures

10
offices in Canada
4000
customers onboarded each year
60
seconds: maximum time to answer a call
Data as at
25/3/26
*Source: Public data from companies’ websites and social media accounts. For more up-to-date information, we invite our investors to view the report made available on their space.

The fpci The Altaroc Odyssey private equity fund is no longer accepting new investments.

About Payworks

Founded in 2000 by Barb Gamey and based in Winnipeg, Payworks has established itself as Canada's largest wholly owned and operated payroll service provider. In 2024, the company reached a historic milestone by opening its new 93,000-square-foot headquarters in Winnipeg to support its growth.

Today, Payworks serves more than 45,000 businesses across the country and processes payroll for nearly one million Canadians. The company employs more than 650 people in 12 Canadian cities. Its notable clients and partners include large organizations such as the Health Sciences Centre (8,000 employees) and brands such as The Old Spaghetti Factory and The UPS Store. Recognized for its operational excellence, Payworks has been a member of the Platinum Club of Canada's Best Managed Companies since 2012.

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