Curated News
By: NewsRamp Editorial Staff
November 04, 2024
PrestigePEO Acquires Georgia-Based PEO Teamwork Services, Expanding Reach and Increasing Service Offerings
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- 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.
Impact - 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.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, PrestigePEO Acquires Georgia-Based PEO Teamwork Services, Expanding Reach and Increasing Service Offerings
