Announced
Completed
Synopsis
Engage PEO, a professional employer organization, completed the acquisition of SynchronyHR, a human resources outsourcing firm. Financial terms were not disclosed. "We could not be more excited about this transaction. Engage and SynchronyHR share the same customer-focused service philosophy and go-to-market strategy centered on partnering with insurance brokers. This acquisition is an exceptional opportunity for Engage to expand into new markets and add a hub in the heart of the Midwest. I am particularly excited to work again with Kyle Kelly, SynchronyHR’s CEO. Kyle is a long-time colleague, friend and a successful PEO and insurance industry executive. His leadership expertise, PEO savvy and knowledge of the region will be invaluable to Engage as we continue to grow together," Jay Starkman, Engage PEO CEO.
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