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Sources: Gusto paid $600M to acquire Guideline, plans to divest customers linked to rivals
Yahoo Finance·2025-10-02 00:00

Last month, Gusto, a payroll and HR software company, announced that it agreed to acquire Guideline, a startup offering retirement plans to small and medium businesses. The terms of the deal weren’t disclosed, but Gusto paid approximately 600million,accordingtoasourcefamiliarwiththedeal,althoughTechCrunchcouldnotconfirmhowmuchofthiswascashandhowmuchwasstock.Guidelinewaslastvaluedat600 million, according to a source familiar with the deal, although TechCrunch could not confirm how much of this was cash and how much was stock. Guideline was last valued at 1.15 billion in 2021 when it raised a $200 million Series D funding round. Since its foundi ...