Progressive Employer Services - Ownership and Business Overview

Business ServicesCompany

Progressive Employer Services Ownership

Who owns Progressive Employer Services?

Progressive Employer Services is owned by CoAdvantage Payroll Tax Service. It was acquired on October 10, 2017.

Was Progressive Employer Services formerly PE-backed?

Yes. Progressive Employer Services was formerly owned by 2 private investors.

Progressive Employer Services Business Overview

Where is Progressive Employer Services headquartered?

Progressive Employer Services is headquartered in Sarasota, Florida.

What sector is Progressive Employer Services in?

Progressive Employer Services is a business services company.

When was Progressive Employer Services founded?

Progressive Employer Services was founded in 1999.

Business Services M&A Summary in 2017

Out of 60 sectors in the Mergr database, business services ranked 4 in number of deals in 2017. The largest business services acquisition in 2017 was WS Atkins - which was acquired by SNC-Lavalin Group for $3.6B.

Join Mergr to view all 676 acquisitions of business services companies in 2017, including 112 acquisitions by private equity firms, and 564 by strategics.

Acquired by CoAdvantage Payroll Tax Service, Inc. (Company) on 2017-10-10

Progressive Employer Services, Inc. (dba PEMCO America, Inc.)

6407 Parkland Drive,
Sarasota, Florida 34243
United States,
(941) 925-2990
www.progressiveemployer.com

Progressive Employer Services, Inc. (dba PEMCO America, Inc.) is a provider of outsourced HR administrative solutions. PEMCO offers payroll administration, workers’ compensation, employee benefits and human resource solutions to all size businesses at a national level. Progressive Employer Services, Inc. was established in 1999 and is based in Sarasota, Florida.

Company Summary

SECTOR

Business Services

Established

1999

Investor History
2017-10-10
Add-on Acquisition

CoAdvantage Payroll Tax Service, Inc.

Tenex Capital Management PE
2015-09-17
Secondary Buyout

Tenex Capital Management PE

Palm Beach Capital PE
2004-08-01
Buyout (LBO, MBO, MBI)

Palm Beach Capital PE

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