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Announced

Completed

Engage PEO completed the acquisition of Innovative Employer 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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Acquisition

Private

management consulting

Domestic

Majority

Single Bidder

United States

Management Consulting

Friendly

Completed

Synopsis

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Engage PEO, a firm that delivers comprehensive HR solutions, completed the acquisition of Innovative Employer Solutions, a provider of the right tools and expertise to manage employment risk, provide competitive employee benefits. Financial terms were not disclosed. “Engage is known for its successful year-over-year organic growth and we are proud to embark on a new phase of strategic growth with Innovative Employer Solutions. This acquisition is a particularly good fit because our client-first values are aligned. I’m delighted to welcome Innovative Employer Solutions’ clients and staff to Engage," Jay Starkman, Engage PEO CEO.

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