ENGAGE PEO ACQUIRES CEOHR
Fort Lauderdale, Fla. – August 10, 2022 – 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 CEOHR, Inc., a Sarasota, Florida-based PEO.
“CEOHR’s team is highly experienced, with a reputation for placing the same intense priority on exceptional client service as Engage,” said Jay Starkman, CEO of Engage PEO. “Darrin and Celeste are long-time industry veterans who have built a quality PEO that does things the right way. I’m thrilled to welcome our new clients and staff to Engage.”
Engage PEO will retain the employees and office of CEOHR. This ensures that there will be minimal disruption to any clients from the transaction, a mutual goal of both parties. CEOHR’s CEO, Darrin Fedder, and COO, Celeste Dockery, will continue in their current roles.
“We are genuinely excited about this transaction,” said Fedder. “Engage PEO is a great partner for us because its people-centered approach is a strong match with our values,”
“Engage PEO is an established leader because of the quality of its people, which will complement our team and drive even more services to our clients,” said Dockery. “We do things the same way, so it is a natural fit both culturally and operationally – everyone will benefit, including our clients and employees.”
Jones Day acted as legal advisor to Engage PEO in connection with the acquisition. Holland & Knight acted as legal advisor to CEOHR.
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 every year since 2016. For more information on Engage PEO, visit www.engagepeo.com.