High Road PEO and Helpside Merge to Expand HR Services in Idaho and Utah

PassioHR Acquires smarthr, llc.

August 29, 2022

Professional Services

PassioHR, Inc., a Colorado-based professional employer organization (PEO), has completed the acquisition of smarthr, llc., a Twin Falls, Idaho PEO founded by Byron McCurdy. The deal brings smarthr's regional client base and team into PassioHR, enabling the parties to combine services and expand PassioHR's coverage and capabilities in the Idaho region.

PrestigePEO Acquires Concurrent HRO

March 12, 2025

Professional Services

PrestigePEO has acquired Concurrent HRO, a Colorado-based Certified Professional Employer Organization (CPEO). The deal expands PrestigePEO's national footprint—strengthening its presence in the Midwest and Mountain regions—and provides Concurrent HRO clients and brokers access to enhanced HR technology, benefits, and compliance resources while keeping the existing team in place.

Horizon Capital Acquires TopSource Worldwide and PEO Worldwide to Launch Employment Compliance Group

December 16, 2020

Staffing & HR

Horizon Capital has committed £22m to launch a buy-and-build employment compliance group through the simultaneous acquisitions of TopSource Worldwide and PEO Worldwide. The combined business will offer end-to-end international outsourced payroll, Employer of Record (EoR) and HR management services across Europe and APAC, with the founders reinvesting and joining the new group's leadership team.

PCF Insurance Services Acquires 1 Source Business Solutions

September 29, 2022

Professional Services

PCF Insurance Services, a top-20 U.S. insurance brokerage headquartered in Lehi, Utah, has acquired 1 Source Business Solutions, a Salt Lake City-based professional employer organization (PEO) that provides payroll, benefits administration, HR compliance, and workers' compensation services. The acquisition expands PCF's service offering for its agency partners and enables deeper client relationships by adding complementary HR and payroll capabilities.

Engage PEO Acquires Aspen HR

December 22, 2025

Professional Services

Engage PEO has acquired Aspen HR, a San Francisco-area professional employer organization (PEO) founded in 2017, to expand Engage's national footprint and deepen its presence in California and the alternative investment sector. The deal combines Aspen HR's white-glove HR services and industry expertise with Engage's compliance-focused consulting, risk management capabilities, and national benefits programs.

Engage PEO Acquires Axios HR from Axios International

March 3, 2025

Professional Services

Engage PEO has acquired Axios HR, a Grand Rapids, Michigan-based professional employer organization, from parent company Axios International. The acquisition expands Engage PEO's Midwest footprint and combines Axios HR's local expertise with Engage's national HR outsourcing capabilities to better serve small and mid-sized businesses in the region.