Guideline

Gusto, a $9.3 billion payroll and HR software company, has acquired Guideline, a corporate retirement plan provider. The deal aims to streamline employee benefits for small businesses. Gusto plans to integrate Guideline’s expertise to capitalize on the growing trend of state-mandated employer-sponsored retirement plans and cross-sell services to its 400,000+ customers. Guideline’s integrations with other payroll providers will remain. Gusto aims to add 150,000 new clients this year, expanding its market share in the U.S.