LandrumHR Acquires Professional Employer Organizations in Carolinas
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December 01, 2013
LandrumHR Acquires Professional Employer Organizations in Carolinas
H. Britt Landrum, Jr., President and Chief Executive Officer of LandrumHR of Pensacola, Florida, announced today that the company has expanded its service area by acquiring two professional employer organizations in the Carolinas.
The transaction brings North Carolina based, Employer Administrative Services, Inc. and South Carolina based, Synergetic, Inc., into the Landrum family of human resource service companies. LandrumHR, ranked by the Staffing Industry Index as the 13th largest PEO in the U. S., will assume responsibility for providing its services for approximately 1,100 additional employees in the mid-south region. With these acquisitions, LandrumHR will become the co-employer of over 11,000 worksite employees working in 38 states.
According to Landrum, the newly acquired businesses will enjoy a close relationship with human resources support personnel and have access to sophisticated time keeping and reporting systems, remote Internet access to records and reports, and remote “on-boarding “ of new employees. They will also have access to a wide range of employee benefits, a company sponsored retirement plan, and insurance coverage from A-rated carriers.
As an accredited PEO, LandrumHR is one of 33 PEO service providers across the U.S. that is able to offer its clients financial peace of mind through a bonding program provided by the Employer Services Assurance Corporation (ESAC).