Deal Details
Vensure Merges With PrismHR
Summary
Vensure Employer Services, Inc. (“Vensure”) has merged with PrismHR, Inc. (“PrismHR”). Terms of the transaction were not disclosed.
Baird served as exclusive financial advisor to Vensure Employer Services on this transaction.
About
Vensure Employer Services is a privately owned professional employer organization (PEO) As the nation’s fastest-growing PEO, Vensure uses industry-leading technology to offer complete, end-to-end solutions for payroll, human resources, benefits, risk management, and workers’ compensation services. Vensure is committed to helping thousands of clients manage, nurture, and grow their business by providing employee and employer-related administration services. Vensure is headquartered in Chandler, Arizona.PrismHR’s mission is to fuel the growth of small and medium-sized businesses (SMBs) across the U.S. Its HR software, combined with its ecosystem of HR service providers, enables SMBs to manage payroll, benefits, and HR, leveling the playing field with large enterprises. PrismHR software delivers world class HR services to more than 80,000 organizations and over 2 million worksite employees, processing greater than $80 billion in payroll each year. PrismHR is headquartered in Hopkinton, Mass.
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- Date
- September 2022
- Company
- Vensure Employer Services, Inc.
- Transaction
- M&A - Buyside
- Sectors
- Technology & Services
- Verticals
-
Human Capital Management
- Target Geography
- Acquiror Geography
- North America
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