Description

My PEO client based in California seeks to sell his "book of business" (ONLY) to a buyer that will assume all operations in support of that book of business. The company presently provides outsourced human resources services, workers compensation coverage, payrolling and all other services of a typical PEO. My client's customers are based in nine states and the firm presently services 5000 employees with nearly fifty clients.
My client will sign an appropriate non compete agreement with the buyer.

A buyer already in the PEO business could simply integrate my clients operations into her/his own operations with the addition of two admin employees.However, any staffing company presently seeking to expand into the growing PEO market will find this base of business an attractive entry point into the business. The owner will provide direction and training to a buyer new to the business and presently in the staffing business.

Posted Oct 11, 2016

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