PrestigePEO Acquires Teamwork Services to Expand Southeast Market Presence
TL;DR
PrestigePEO's acquisition of Teamwork Services expands market reach and strengthens competitive advantage in the Southeastern United States.
The acquisition allows PrestigePEO to offer high-quality employee benefits, compliance solutions, and HR support to SMBs in the Southeast.
The partnership between PrestigePEO and Teamwork Services will empower small and medium-sized businesses with the tools they need to succeed and grow.
Teamwork Services, Inc., founded in 1989, specializes in payroll management, HR consulting, and risk management, emphasizing trust and reliable expertise.
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PrestigePEO, a leading Professional Employer Organization, announced the acquisition of Teamwork Services, Inc., headquartered in Brunswick, Georgia, finalized on October 25, 2024. This strategic transaction represents a pivotal step in expanding PrestigePEO's geographic footprint and service capabilities throughout the Southeastern United States. The acquisition enables PrestigePEO to provide a broader network of clients and benefits brokers with high-quality Fortune 500-level employee benefits, compliance and risk management solutions, and extensive HR support.
Andy Lubash, CEO of PrestigePEO, stated that bringing Teamwork Services into their organization represents an incredible opportunity to enhance service delivery and expand market reach. The shared commitment to providing premium benefits and personalized service will enable both companies to make a meaningful difference for businesses and broker partners across the Southeast, helping them grow and thrive in an evolving marketplace. This acquisition strengthens PrestigePEO's mission to empower small and medium-sized businesses with the tools they need to scale and succeed in a competitive landscape.
Robyn Rusignuolo, COO of PrestigePEO, emphasized that this acquisition is a great match between companies with proven leadership and commitment to excellent service experience. The collaboration will welcome Teamwork Services' clients, employees, and partners into PrestigePEO's network while leveraging combined expertise to support market expansion. Both companies share a strong client-centric approach grounded in innovation, professionalism, and deep industry expertise, ensuring expanded solutions for clients while maintaining high service standards.
Pam Morris, President of Teamwork Services, expressed enthusiasm about joining forces with PrestigePEO to bring expanded resources and benefits to valued clients. PrestigePEO's innovative approach to HR and compliance aligns perfectly with Teamwork Services' mission to provide personalized and effective HR solutions. The partnership will strengthen the support and expertise offered to businesses across various industries. For more information about PrestigePEO's services, visit https://www.prestigepeo.com/.
Curated from News Direct
