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New Deal


Announced

Completed

CoAdvantage completed the acquisition of MomentumHR.

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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Friendly

Single Bidder

Domestic

Outsourced HR and Staffing

Majority

United States

human resources

Acquisition

Private

Completed

Synopsis

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CoAdvantage, a national provider of strategic human resource solutions for small to mid-sized companies, completed the acquisition of MomentumHR, a provider of outsourced HR services. Financial terms were not disclosed. "We are excited about the MomentumHR acquisition expanding our market presence as we continue to build value and deliver an exceptional customer experience powered by our proprietary HR technology and outstanding customer service. We are looking forward, with great optimism, to an exciting year in 2023 as we remain focused on driving innovation and expanding our presence nationally," Clint Burgess, CoAdvantage President, and CEO.

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