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TriNet: Revenue approaching $200 million

September 29, 2010

TriNet announced Monday it is on track to report revenue of more than $200 million in 2010. The San Leandro CA-based PEO reported revenue of $165 million in 2009.

The privately held company also said it repaid a $60 million loan used in its acquisition of Bradenton FL-based PEO Gevity HR Inc. in June 2009.

TriNet said revenue in 2008, prior to the merger, was $100 million.