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PEO acquires Des Moines-based Portico Staffing

December 28, 2015

PEO Merit Resources acquired Portico Staffing, a staffing provider based in Des Moines, Iowa. The announcement was made in a blog post by the INS Family of Companies, the owner of Merit Resources.

The transaction is effective Dec. 28; terms were not disclosed.

Portico Staffing will continue operating out of its existing location but transition over to the Merit Resources brand. Its 10 employees will remain.

“Access to talent with the right skills at the right time is a growing challenge for organizations, particularly here in Iowa,” said Merit Resources CEO Joel Duncan. “The challenge is not going away anytime soon. The acquisition of Portico Staffing better prepares us to provide solutions to this challenge.”

Merit Resources has more than 100 employees and is the largest PEO in Iowa, according to the firm. It is based in West Des Moines, Iowa.

Iowa Network Services Family of Companies acquired Merit Resources in 2013. In addition to Merit Resources, INS includes IT company Alliance Technologies Inc.; Alliance Connect, a statewide local exchange carrier; and Caleris, an Iowa-based company providing outsourced contact center services primarily to telecommunication and technology businesses.