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CoAdvantage acquires PEO Remedy Employer Services

September 19, 2018

Professional employer organization CoAdvantage Corp. acquired Remedy Employer Services, a PEO based in Bradenton, Fla.

The acquisition expands CoAdvantage’s Florida base and represents the company’s third PEO acquisition in the past year; in October, it acquired Sarasota, Fla.-based Progressive Employer Management Company and Los Angeles-based Total HR Management.

The combined platform now counts approximately 4,500 clients and more than 90,000 worksite employees with a range of HR outsourced solutions for small and midsize businesses.

“We are proud of the work already accomplished and expect this new partnership to deliver significant value as we build upon our strong foundation of operational excellence, supported by outstanding technology, to drive continued value to our customers,” CoAdvantage President and CEO Clint Burgess said.

CoAdvantage serves clients nationwide and is headquartered in Tampa, Fla. Morgan Stanley Global Private Equity made a majority investment in the PEO in October 2015.