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Zywave acquires benefits compliance software provider

Zywave Inc. has closed its acquisition of HR360, a provider of HR and benefits compliance software for brokers, payroll companies, private employer organizations and employers.

Under the agreement, HR360 customers will become Zywave partners and HR360 products will join the Zywave product suite.

HR360 founders Lillian Shapiro and Tom Ceconi will become part of the Zywave leadership team.

Zywave is a provider of software-as-a-service solutions for the insurance industry.

HR360 was advised by CoView Capital Inc. in the sale of the business.