Daily News

View All News

WorkLife Financial buys two PEOs

June 26 2008


WorkLife Financial Inc. recently acquired Strategic Business Solutions Inc., formerly owned by Strategic Financial Services Inc., and Texas-based U.S. Personnel, a professional employer organization. The combined entity totals $520 million in gross annual revenue, the company said, serving more than 13,000 worksite employees nationwide, with offices in Atlanta, Tempe AZ and Dallas.

"WorkLife Financial Inc. is able to bring the very best human resources and financial services to employees of small and mid-sized businesses," said Steve Groulx, CEO of WorkLife Financial Inc. "Our goal is to extend a full spectrum of financial planning, administration and management services that redefine how businesses and their employees plan for their financial futures, and free business owners from the burden of employment law compliance."

"We have retained many upper management positions at each of the companies that have been a part of this consolidation and anticipate a rapid rate of expansion," said Groulx. "Our estimates indicate that we will increase the number of WorkLife Financial Inc. employees by 60 percent over the next five years."

WorkLife Financial Inc. will provide financial and administrative solutions to the workplace including: employment law compliance, human resource management, benefits services and wealth management.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*