PrestigePEO, a leading Professional Employer Organization (PEO), has significantly broadened its national footprint through the acquisition of Concurrent HRO, a Colorado-based human resources services provider. This strategic move not only extends PrestigePEO's reach into the Midwest and Mountain regions but also amplifies its capacity to offer comprehensive HR solutions to businesses in these areas. The merger is a testament to PrestigePEO's commitment to growth and innovation in the PEO sector.
The alignment of business models and growth strategies between PrestigePEO and Concurrent HRO underscores the strategic value of this acquisition. Andrew Lubash, Founder and CEO of PrestigePEO, highlighted how this merger leverages Concurrent HRO's established foundation while enriching the resources available to clients and brokers. This integration is poised to bring about enhanced HR technology, broader compliance support, and access to superior employee benefits, ensuring that both existing and new clients receive unparalleled service.
Continuity for Concurrent HRO's clients and brokers is assured as the entire team will remain in place. Irv Rosen, Founder and CEO of Concurrent HRO, shared his excitement about the partnership with PrestigePEO, emphasizing the blend of innovative solutions and personalized service that the merger promises. As a Certified Professional Employer Organization (CPEO), PrestigePEO is renowned for its comprehensive services, including payroll management, employee benefits, compliance support, and risk management. Recognized among the elite one percent of PEOs and accredited by the Employer Services Assurance Corporation, PrestigePEO's acquisition of Concurrent HRO is a clear indicator of its dedication to excellence and expansion in the HR solutions landscape.
For more information on PrestigePEO's services, visit https://www.prestigepeo.com.
