In 1949 Henry Taub founded Automatic Payrolls, Inc. as a manual payroll processing business with his brother Joe Taub. Frank Lautenberg joined the brothers in the company’s infancy. In 1957, Lautenberg, after successfully serving in sales and marketing, became a full-fledged partner with the two brothers. In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers.
ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000.The company established a subsidiary in the United Kingdom in 1965. In 1970, Lautenberg was noted as being the president of the company Also in 1970, the company’s stock transitioned from trading on American Stock Exchange to trading on the New York Stock Exchange. It acquired the pioneering online computer services company Time Sharing Limited (TSL) in 1974 and Cyphernetics in 1975. Lautenberg continued in his roles as Chairman and CEO until elected to the United States Senate from New Jersey in 1982.
From 1985 onward, ADP’s annual revenues exceeded the $1 billion mark, with paychecks processed for about 20% of the U.S. workforce. In the 1990s, ADP began acting as a professional employer organization (PEO). Around this time, the company acquired Autonom, a German company, and the payroll and human resource services company, GSI, headquartered in Paris. In September 1998, ADP acquired UK-based Chessington Computer Centre that supplied administration services to the UK Government.
Kerridge Computer Co. Ltd., a dealer management systems (DMS) provider to auto dealers primarily in the UK was acquired in 2006. In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc. On February 27, 2017, Automatic Data Processing Inc. confirmed it was closing its office in west Ann Arbor on March 30, 2017.
At the time, ADP stated that it had around 56,000 employees worldwide, and that the year prior it had revenues of $12 billion, or US$11,700,000,000 in 2016. Also in early 2017, ADP described itself as the “largest provider of HR services in North America, Europe, Latin America and the Pacific Rim”.
In January 2018, ADP acquired WorkMarket, a New York City-based software platform company that helps businesses manage freelancers, contractors, and consultants.
In August 1, 2018, ADP acquired Celergo, a company based out of Chicago IL. This company focuses in Human Capital Management in the global market.