ADP Said to Near $1.2 Billion Deal for WorkForce Software

Automatic Data Processing Inc., the human-resources software provider, is in talks to buy WorkForce Software for about $1.2 billion, people familiar with the matter said.

ADP could announce a deal to acquire the Livonia, Michigan-based company from its backers including Elliott Investment Management and Insight Partners in the coming weeks, according to the people.

While talks are advanced, they could still be delayed or falter, the people said, asking to not be identified because the discussions aren’t public.

Representatives for ADP and Insight declined to comment. Representatives for WorkForce Software and Elliott didn’t immediately respond to requests for comment. ...