AcquisitionsApr 14, 2026, 08:15 AM
ZenaTech acquires NOW Solutions Inc. to boost Enterprise SaaS
AI Summary
ZenaTech, Inc. announced the acquisition of all material assets of NOW Solutions Inc., an HR and payroll software company, through a bankruptcy sale. This strategic move strengthens ZenaTech's Enterprise SaaS division by adding a recurring revenue business with decades-long customer relationships, including government and public sector clients. The acquisition is expected to enhance the durability of ZenaTech's revenue streams and support consistent, high-quality growth within the rapidly expanding HRIS software market.
Key Highlights
- ZenaTech acquired all material assets of NOW Solutions Inc., an HR and payroll software company.
- NOW Solutions serves customers with 1,000 to 20,000 employees in the U.S. and Canada.
- Acquisition adds recurring revenue and public sector clients to ZenaTech's Enterprise SaaS division.
- Global HRIS software market exceeds $12 billion annually, growing at 8.5% per year.