Acquiring Company
PrestigePEO
Acquired Company
Advantage Personnel Resources
Saas
Description
PrestigePEO, one of the nation’s leading professional employer organizations (PEOs), announced today the acquisition of Gainesville, Fla.-based Advantage Personnel Resources, LLC (APR). APR, a PEO that serves small and medium-sized businesses (SMBs) operating throughout Florida and Georgia, provides a range of human resources services, employee benefits, payroll administration, and workers’ compensation, 24/7/365.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed