M&A Deal Summary

Trucordia Acquires 1 Source Business Solutions

On September 29, 2022, Trucordia acquired staffing company 1 Source Business Solutions

Acquisition Highlights
  • This is Trucordia’s 1st transaction in the Staffing sector.
  • This is Trucordia’s 1st transaction in the United States.
  • This is Trucordia’s 1st transaction in Utah.

M&A Deal Summary
Date 2022-09-29
Target 1 Source Business Solutions
Sector Staffing
Buyer(s) Trucordia
Deal Type Add-on Acquisition

Target

1 Source Business Solutions

Midvale, Utah, United States
1 Source Business Solutions is a professional employer organization (PEO) specializing in employee benefits, payroll administration, HR compliance and consulting, and workers' compensation administration for any sized company. 1 Source Business Solutions is based in Midvale, Utah.

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Buyer(S) 1

Buyer

Trucordia

Lindon, Utah, United States
Category Company
Sector Insurance
DESCRIPTION

Trucordia is a full-service consultant and insurance brokerage firm offering a broad array of commercial, life, and health, employee benefits, and workers' compensation solutions. Trucordia is based in Lindon, Utah.

DEAL STATS #
Overall 1 of 20
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 19
State (Utah) 1 of 1
Country (United States) 1 of 20
Year (2022) 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Infuse Insurance

Beckley, West Virginia, United States

Infuse Insurance is an independent, community-based agency offering a comprehensive suite of home, auto, business, and life insurance solutions. Infuse Insurance was founded in 2006 and is based in Beckley, West Virginia.

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