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New Deal


Announced

PrestigePEO to acquire PathGoal Employer Services from Headway Workforce Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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hr services

Majority

Pending

Friendly

United States

Acquisition

Private

Single Bidder

Outsourced HR and Staffing

Domestic

Synopsis

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PrestigePEO, a professional employer organization, agreed to acquire PathGoal Employer Services, an HR solutions provider, from Headway Workforce Solutions, a provider of technology and process-driven human resources solutions and staffing services. Financial terms were not disclosed. "This acquisition affords PrestigePEO the opportunity to introduce our services and broaden our service offering in North Carolina SMBs. PEOs have gained significant traction over the past few years as SMBs increased their outsourcing of the types of HR administrative services we provide, including, but not limited to, HR support, employee benefits management, payroll administration and compliance. We will look to grow our brand statewide with our integration with PathGoal,” Andrew Lubash, PrestigePEO Founder and CEO.

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