CoAdvantage Acquires SourcePointe

CoAdvantage Acquires MomentumHR

November 14, 2022

Staffing & HR

CoAdvantage, a national Professional Employer Organization (PEO) based in Bradenton, Florida, has acquired Georgia-based MomentumHR, a Savannah PEO founded in 2000. The acquisition strengthens CoAdvantage’s presence in Georgia and accelerates the company's Southeast and national growth; financial terms were not disclosed.

Aquiline Capital Partners Acquires CoAdvantage from Morgan Stanley Capital Partners

July 24, 2019

Staffing & HR

Aquiline Capital Partners has entered a definitive agreement to acquire CoAdvantage, a Tampa-based professional employer organization (PEO), from investment funds managed by Morgan Stanley Capital Partners. The deal (terms undisclosed) will keep CoAdvantage's management team in place as Aquiline supports the company's growth and acquisition strategy to expand its HR outsourcing and benefits administration capabilities.

ServicePoint Acquires SmartSource

April 3, 2024

IT Services

ServicePoint, a portfolio company of Mill Point Capital, has acquired SmartSource LLC, a St. Charles, Illinois-based provider of IT staffing, multi-site deployment and technical solutions. The add-on expands ServicePoint's service capabilities, customer reach and operational scale across its U.S. footprint while SmartSource's founders and management will remain to continue growth.

PrestigePEO Acquires Advantage Personnel Resources, LLC

January 5, 2023

Staffing & HR

Melville, N.Y.-based PrestigePEO has acquired Gainesville, Fla.-based Advantage Personnel Resources, LLC (APR), a PEO that provides HR services, payroll administration, employee benefits and workers' compensation to SMBs across Florida and Georgia. The deal is an add-on to PrestigePEO's platform (backed by TriSpan) and is intended to expand PrestigePEO's geographic footprint in the southern U.S. while broadening its service capabilities and broker relationships.

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.

G&A Partners Acquires Employer Advantage

March 8, 2022

Staffing & HR

G&A Partners has acquired Employer Advantage, a Joplin, Missouri-based provider of human resource services. The acquisition adds more than 500 client companies, roughly 11,000 worksite employees and 78 corporate employees to G&A's platform, expands its Midwest footprint, and will retain Employer Advantage's leadership with Jared Young joining G&A as Chief Mergers and Acquisitions Officer during the transition.