PrestigePEO Acquires Georgia-Based PEO Teamwork Services, Expanding Reach and Increasing Service Offerings
PrestigePEO Acquires Georgia-Based PEO Teamwork Services, Expanding Reach and Increasing Service Offerings
Key Takeaways (TLDR)
PrestigePEO's acquisition of Teamwork Services expands market reach and strengthens competitive advantage in the Southeastern United States.
The acquisition allows PrestigePEO to offer high-quality employee benefits, compliance solutions, and HR support to SMBs in the Southeast.
The partnership between PrestigePEO and Teamwork Services will empower small and medium-sized businesses with the tools they need to succeed and grow.
Teamwork Services, Inc., founded in 1989, specializes in payroll management, HR consulting, and risk management, emphasizing trust and reliable expertise.
Why it Matters
This news matters as it demonstrates the strategic growth and expansion of PrestigePEO, which will ultimately benefit small and medium-sized businesses in the Southeastern United States. The acquisition will provide these businesses with access to high-quality employee benefits and HR support, empowering them to thrive in a competitive landscape.
Summary
PrestigePEO, a leading Professional Employer Organization (PEO), has acquired Teamwork Services, Inc., a Georgia-based PEO, in a strategic move to expand its geographic footprint and service capabilities. The acquisition will allow PrestigePEO to provide high-quality employee benefits, compliance solutions, and HR support to a broader network of clients and benefits brokers in the Southeastern United States.
The collaboration between PrestigePEO and Teamwork Services represents a commitment to empowering small and medium-sized businesses with the tools they need to succeed in a competitive marketplace. The acquisition is expected to strengthen PrestigePEO’s market expansion and service offerings while maintaining the high standards of client-centric approach and innovation.
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