Please ensure Javascript is enabled for purposes of website accessibility
Home / Today's Top Stories / Paychex acquires North Carolina firm

Paychex acquires North Carolina firm

Paychex Inc. has acquired North Carolina-based HR Outsourcing Holdings Inc., the company announced Monday. Financial details of the transaction were not disclosed.

HROI is a human resource firm that supports clients in 35 states. All 140 employees of HROI will have the opportunity to be Paychex employees.

“We are excited about becoming part of Paychex because it presents many advantages,” said Anthony Danon, president and chief operating officer of HROI, in a statement.

“With the support, scale, and resources of Paychex, we can accelerate the growth of our combined HR solutions and enhance our offerings to best serve our current and future clients,” Danon said. “We share a common vision and PEO view, and Paychex has great respect for the comprehensive PEO solution we’ve built, for our culture, and for our team.  We look forward to doing great things together.”

Today Paychex serves over 1 million employees with its HR offerings. The deal expands that offering suite, officials said.

“This acquisition represents Paychex’s continued focus on growth,  both in revenue and in PEO solutions for our clients,” said Martin Mucci, Paychex president and CEO in a statement.  “The combination of Paychex’s experience, knowledge, and resources with the experience and fast-paced growth of HROI positions us to have an even stronger presence in the industry.  We are excited about the HROI team joining the Paychex family.”

Paychex employs some 4,400 people in Rochester and nearly 14,000 in total.

Follow Kerry Feltner on Twitter: @KerryFeltner

(c) 2017 Rochester Business Journal. To obtain permission to reprint this article, call 585-363-7269 or email [email protected].


Check Also

Best Places to Work For DEI honorees announced (access required)

The Rochester Business Journal has announced the honorees for the inaugural Best Places to Work For DEI awards. This regional ...

Syracuse University targets Rochester in effort to expand sports brand

John Wildhack is taking a page from the Buffalo Bills and taking the show on the road. And by doing ...

Nonprofits can now apply for Matchstick Prize   (access required)

Causewave Community Partners is joining forces with The Credit Union Collective – The Summit, Pittsford and Reliant Credit Unions – ...

Adam Jay, a woodworking teacher at Hope Hall School, teaches a student the safe and proper way to use a sliding power miter saw.

Preparing students for higher ed and beyond includes real-world skills, experiences (access required)

The greater Rochester region is home to 55 diverse private schools ranging from parochial to non-sectarian and independent. With the ...