PAI Group is a leading provider of payroll processing and benefits management solutions to small and mid-markets. PAI closed on its first acquisition, Payroll Associates, Inc., in December 2004. Payroll Associates is a leading payroll processing software platform with over 270 active licensees. With a per-transaction revenue model, Payroll Associates generates a highly recurring revenue stream from its diversified licensee base. Through organic growth and acquisitions, PAI also operates one of the largest payroll service bureaus in the U.S.