PrestigePEO, a leading Professional Employer Organization (PEO), has completed its fifth strategic acquisition by purchasing Concurrent HRO, a Colorado-based human resources services provider. The merger expands PrestigePEO’s national presence and enhances its ability to deliver comprehensive HR solutions to businesses in the Midwest and Mountain regions.
The acquisition brings together two organizations with aligned business models and broker-friendly growth strategies. PrestigePEO Founder and CEO Andrew Lubash emphasized the strategic value of the merger, stating that it builds on Concurrent HRO’s existing foundation while providing clients and brokers access to expanded resources.
Concurrent HRO’s entire team will remain in place, ensuring continuity for existing clients and brokers. The integration promises enhanced HR technology, expanded compliance support, and access to premium employee benefits experiences.
Irv Rosen, Founder and CEO of Concurrent HRO, expressed enthusiasm about joining PrestigePEO, highlighting the partnership’s potential to deliver innovative solutions while maintaining a personalized approach to service.
As a Certified Professional Employer Organization (CPEO), PrestigePEO offers comprehensive services including payroll management, employee benefits, compliance support, and risk management. The company is recognized among the top one percent of PEOs and has been accredited by the Employer Services Assurance Corporation.
This strategic acquisition represents PrestigePEO’s continued commitment to growth, innovation, and delivering exceptional HR solutions across diverse business landscapes.
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