PeoSpectrum

PeoSpectrum  (represented by Hales Securities, LLC) has been aquired by  Alera Group   -   December 2022

Dowling Hales acted as exclusive financial advisor to PEO Spectrum in Its sale to Alera Group PEO Spectrum is an HR specialist that provides the country’s first professional employer organization (PEO) comparison service. Founded in 2009 by the Company's dynamic founder, Tom Farrell, PEO Spectrum helps clients identify, evaluate, select, negotiate, implement and support PEO solutions. They offer a custom-built analysis to assist clients in shopping and comparing PEOs for free, as well as lowering their PEO costs without sacrificing services or perks. The firm provides its services to small and medium sized businesses across various industries, including technology, professional services, non-profit, manufacturing and government contractors. At the time of the transaction PEO Spectrum was the largest known independent PEO broker.

Target Company

PeoSpectrum

Acquirer Company

Alera Group

Acquisition Date

December 2022

Sector

Insurance

Acquisition Date

December 2022

Industry

PEO Broker

Region

USA

State of Acquired

NY

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