PrestigePEO Acquires Concurrent HRO to Expand National Presence and Enhance Service Delivery

PrestigePEO has acquired Concurrent HRO, marking its fifth acquisition and significantly expanding its national footprint. The strategic move enhances PrestigePEO's ability to provide Midwest and Mountain region businesses with premium benefits, comprehensive HR solutions, advanced risk management services, and administrative support. Both organizations share similar business models, strong leadership structures, and broker-friendly growth strategies, creating a synergistic partnership aimed at expanding market share and delivering industry-leading services.

Andrew Lubash, Founder and CEO of PrestigePEO, emphasized that the acquisition builds on Concurrent HRO's established foundation while providing clients and brokers access to expanded resources. The entire Concurrent HRO team will remain in place, ensuring continuity for existing clients and brokers who will benefit from enhanced HR technology platforms, expanded compliance support systems, and access to a premium employee benefits experience through PrestigePEO's comprehensive service offerings.

Irv Rosen, Founder and CEO of Concurrent HRO, expressed excitement about joining PrestigePEO and continuing to deliver the high-quality HR solutions that clients and brokers rely on. The partnership enhances the organization's ability to serve businesses with innovative solutions while maintaining its commitment to personalized client experiences. Lubash added that this partnership underscores PrestigePEO's long-term commitment to growth, innovation, and excellence, positioning the combined organization to create new opportunities for brokers, clients, and employees across expanded service territories.

The acquisition represents a significant consolidation in the Professional Employer Organization industry, bringing together two certified organizations with strong regional presences. PrestigePEO, recognized among the top one percent of PEOs and accredited by the Employer Services Assurance Corporation, gains additional market strength through Concurrent HRO's established presence in Western and Midwest regions. Clients of both organizations can expect seamless integration of services and enhanced capabilities through the combined resources available at Concurrent HRO's existing infrastructure now operating under the expanded PrestigePEO umbrella.