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TriNet completes PEO buy

July 08 2013

TriNet completed its acquisition of professional employer organization Ambrose Employer Group. New York-based Ambrose ranks as the sixth-largest PEO in the U.S. with a primary concentration in hedge funds and private equity firms.

The Ambrose acquisition marks the second major acquisition for TriNet. The company had acquired Strategic Outsourcing Inc., the fourth-largest PEO in the U.S., last year.

Ambrose’s team will join TriNet, and clients of both organizations will see a continuity of service, according to TriNet.

TriNet is a PEO based in San Leandro, Calif. 

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StaffMarket.com

PEO Advisor 07/08/2013 02:10 pm

Looks like a nice acquisition for Trinet to gain a stronger foothold in the NYC market.


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