Fort Lauderdale, Fla. – June 3, 2024 – Engage PEO, a leading professional employer organization (PEO) providing HR outsourcing solutions to small and mid-sized businesses across the U.S., is pleased to announce it has acquired Human Resources Inc. (HRi), a Crofton, Maryland-based PEO, serving customers in Maryland, DC and Northern Virginia. The acquisition expands Engage’s growing presence in the Mid-Atlantic region of the U.S. and strengthens its national market position.
“HRi has built a strong reputation as a trusted PEO partner for businesses in Maryland and neighboring states for over 30 years,” said Jay Starkman, CEO of Engage PEO. This alliance brings together two organizations with similar business philosophies and people-focused client service approaches," Starkman remarked. “We are excited about the prospects this acquisition presents for Engage, allowing us to continue to expand our national presence aggressively and bring together a wealth of experience and recognized PEO expertise under one roof."
HRi’s president, Tim Schaffer, shared his enthusiasm for the acquisition: "Joining forces with Engage PEO allows us to enhance our service offerings while maintaining the personalized approach that HRi clients have valued since our inception in 1990. Engage's exceptional track record of growth and success, coupled with their reputation for providing high-caliber HR expertise, will bring substantial benefits to our clients and team."
Jones Day acted as legal advisor to Engage PEO in connection with the acquisition.
About Engage PEO
Engage PEO delivers comprehensive HR solutions to small and mid-sized businesses nationwide, sharpening their competitive advantage. Comprised of the industry’s most respected veteran professional employer organization executives, certified HR professionals, and attorneys, Engage PEO provides hands-on, expert HR services and counsel to help clients minimize cost and maximize efficiency for stronger business performance. The company’s superior service offering includes a full range of payroll technology and tax administration, employer compliance, health and workers’ compensation insurance products, advanced technology, and risk management services as part of an extensive suite of HR services.
Engage PEO was among the first PEOs awarded the Certified Professional Employer Organization (CPEO) designation by the Internal Revenue Service (IRS), ensuring greater benefits for small and mid-sized businesses such as tax advantages and financial protections. Engage PEO is also accredited by the Employer Services Assurance Corporation. Engage PEO was named to Inc. magazine’s list of the 5000 fastest-growing companies seven times since 2016. For more information on Engage PEO, visit www.engagepeo.com.