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Announced

Completed

PassioHR completed the acquisition of smarthr.

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

Completed

United States

human resources management

Single Bidder

Majority

Private

Domestic

Outsourced HR and Staffing

Friendly

Synopsis

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PassioHR, a professional employer organization, completed the acquisition of smarthr, a provider of human resource services. Financial terms were not disclosed. “smarthr has gained a solid reputation for service and value in the PEO/HRO space in Idaho over the last four years. We are very excited to bring smarthr and their clients into our family of companies," Roger Hays, PassioHR President & CEO.

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