ROCHESTER, N.Y. (WROC) — Paychex announced it has entered into an agreement to acquire Paycor, an Ohio-based company. The Rochester-based company entered into the agreement in an all-cash transaction of $22.50 per share, representing a value of around $4.1 billion. “For over 50 years, Paychex has been committed to helping businesses succeed," said Paychex CEO John Gibson. "This acquisition represents a significant milestone in our journey to provide best-in-class HCM solutions to businesses of all sizes.”  Paycor is a company headquartered in Cincinnati, Ohio that empowers business leaders through an HR, payroll, and talent platform. According to Paychex, the company employs over 2,000 people, serves tens of thousands of clients, and supports millions of employees in the US.