Add-on Acquisition • Business Services

PrestigePEO Acquires Advantage Personnel Resources

On January 5, 2023, PrestigePEO acquired business services company Advantage Personnel Resources

Acquisition Context
  • This is PrestigePEO’s 1st transaction in the Business Services sector.
  • This is PrestigePEO’s 3rd transaction in the United States.
  • This is PrestigePEO’s 2nd transaction in Florida.

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M&A Deal Summary

Date January 5, 2023
Target Advantage Personnel Resources
Sector Business Services
Buyer(s) PrestigePEO
Deal Type Add-on Acquisition

Target Company

Advantage Personnel Resources

Gainesville, Florida, United States
Advantage Personnel Resources provides small and medium-sized businesses (SMBs) operating throughout Florida and Georgia, and provides a range of human resources services, employee benefits, payroll administration, and workers’ compensation, 24/7/365. APR was founded in 2012 and is based in Gainesville, Florida.
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Buyer Overview 1

Buyer

PrestigePEO

Melville, New York, United States

Category Company
Founded 1998
Sector Staffing
DESCRIPTION

PrestigePEO empowers small and mid-sized businesses to simplify HR by offering end-to-end support for employee benefits management, payroll administration, workers’ compliance, HR guidance, and more. PrestigePEO was founded in 1998 and is based in Melville, New York.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: Florida 2 of 2
Country: United States 3 of 3
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 StaffLink Outsourcing

Sunrise, Florida, United States

StaffLink Outsourcing is a full-service PEO, provides a range of employee management and human resources (HR) solutions to small and medium-sized businesses (SMBs). StaffLink Outsourcing was founded in 1997 and is based in Sunrise, Florida.

Buy -