HR Outsourcing Company providing PEO, ASP, and Payroll Services

Overview

Human Resources Outsourcing (HRO) firm providing administrative and consultative services in Payroll, Benefits, Risk Management, Safety, and Human Resource Compliance to small to medium-sized businesses.

• 225+ Employer Clients
• Over 3,000 employees are paid regularly
• High touch, high service client service model
• 14 knowledgeable employees. Most have been with the
Company for over five years
• $1m in reoccurring revenue
• Average client size is between 11 and 13 employees

The Company was founded in 2004 and has two offices in metropolitan Atlanta and the surrounding area. The company has distinguished itself as service-driven. Primarily servicing businesses in Georgia, the Company has built a reputation for being a high-service local company with competitive pricing.

The Company has over 230 clients with an average employee size of thirteen. Human Resources Outsourcing is a highly specialized segment of the HR industry that has experienced significant growth. While competition exists, few have a track record as successful as this Company.

51% of the business is operating under the ASP (Administrative Service Provider)
41% is PEO, and the remainder is "payroll only" clients.

2023 YTD Ended 6/30 - Gross Revenue - $11m, Gross Profit - $641k, Adjusted EBITDA $162k
2022 - Gross Revenue - $23m, Gross Profit - $1.1m, Adjusted EBITDA $87k
2021 - Gross Revenue -$23m, Gross Profit - $1.1m, Adjusted EBITDA of $477k
2020 - Gross Revenue - $21m, Gross Profit - $1.1m, Adjusted EBITDA of $302k