TriSpan Buys Majority Stake in Professional Employer Organization PrestigePEO
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/trispan-buys-majority-stake-in-professional-employer-organization-prestige-peo-62084479 TriSpan LLP purchased a majority interest in Prestige PEO Holdings LLC, the parent company of Prestige Employee Administrators Inc. The transaction was made through the lower-middle-market private equity firm’s TriSpan Opportunities LP and TriSpan Opportunities II LP vehicles. The Melville, N.Y.-based professional employer organization will use the fresh capital to expand into new markets, create new broker partnerships, enhance…
PrestigePEO Named a Best Place to Work on Long Island
PrestigePEO, a Professional Employer Organization (PEO) offering affordable, large-company employee benefits and HR services to SMBs, announced today that it has been named one of the 2019 Best Places to Work on Long Island by the region’s premier business publication Long Island Business News. PrestigePEO, selected as a top employer with more than 50 employees, was honored this morning at…