Paychex, Inc. acquires Time In A Box

On October 16, 2003, Paychex, Inc. acquired Time In A Box, a software company in Washington, United States, from Stromberg LLC.

Deal at a glance

AnnouncedOctober 16, 2003 TypeDivestiture TargetTime In A Box Buyer Paychex, Inc. Seller Stromberg LLC SectorSoftware LocationWashington, United States ValueNot disclosed

Target company

Time In A Box

Washington, United States

Softwaresector

-founded

Activestatus

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Buyer

Paychex, Inc.

Company · 21 deals on record

2nd transaction in software
5th transaction in United States

21deals, all time

6in this sector

2021latest

Seller

Stromberg LLC

Company · 1 deal on record

1investments

1in this sector

1exits

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Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Time In A Box?Paychex, Inc. acquired Time In A Box on October 16, 2003.

Who sold Time In A Box?Stromberg LLC was the seller.

What type of deal was it?It was a divestiture in the software sector in 2003.

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