M&A Deal Summary

TriNet Group Acquires App7

On May 8, 2012, TriNet Group acquired internet software and services company App7

Acquisition Highlights
  • This is TriNet Group’s 1st transaction in the Internet Software and Services sector.
  • This is TriNet Group’s 7th transaction in the United States.
  • This is TriNet Group’s 3rd transaction in California.

M&A Deal Summary

Date 2012-05-08
Target App7
Sector Internet Software and Services
Buyer(s) TriNet Group
Deal Type Add-on Acquisition
Advisor(s) Siemer & Associates (Financial)

Target

App7

Los Angeles, California, United States
App7, Inc., doing business as ExpenseCloud, provides online expense management solutions for individuals and companies of all sizes.

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Buyer(S) 1

Buyer

TriNet Group

Dublin, California, United States

Category Company
Founded 1988
Sector Staffing
Employees343,025
Revenue 5.1B USD (2024)
DESCRIPTION

TriNet Group is a provider of a comprehensive human resources solution for small to midsize businesses. TriNet Group was founded in 1988 and is based in Dublin, California.


DEAL STATS #
Overall 7 of 12
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 7 of 12
State: California M&A 3 of 5
Country: United States M&A 7 of 12
Year: 2012 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-26 Accord Human Resources

Oklahoma City, Oklahoma, United States

Accord Human Resources is a leading provider of outsourced human resource management solutions, also known as a Professional Employer Organization or PEO. Known for its high-level of customer service, Accord serves more than 500 clients in 44 states, and is among the largest privately-held PEOs in the United States. Since the Company's inception in 1992, Accord has been listed four times in Inc. 500 as one of America's fastest growing companies.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-14 Strategic Outsourcing

Charlotte, North Carolina, United States

Strategic Outsourcing is a professional employer organization (PEO), which provides human resources outsourcing to small- and medium-sized businesses. The company specializes in payroll administration, safety and risk management, workers’ compensation, human resource administration, compliance, and benefits administration.

Buy -