Stable Rock Solutions Expands Through Acquisition of True Compare PEO

Deal News | Dec 12, 2024 | Newswire Business

Stable Rock Solutions Expands Through Acquisition of True Compare PEO

Stable Rock Solutions LLC, a specialist in outsourcing back-office operations for small to medium enterprises, announced the acquisition of True Compare PEO, a boutique brokerage focusing on Professional Employer Organization advisory services. This integration is poised to expand Stable Rock's service platform, enhancing its capacity to offer comprehensive financial and HR support solutions. According to Greg Farrington, Co-Founder of Stable Rock, the acquisition aligns with their mission to provide growth tools for businesses. Boris Onefater emphasizes that True Compare's inclusion will bring tailored PEO advisory expertise to Stable Rock's robust platform, thereby benefiting clients through a seamless experience of HR and financial service integration. True Compare's advisory strengths will now help Stable Rock deliver a full spectrum of streamlined HR and operational strategies, aiding early-stage and mid-sized businesses achieve sustainable growth.

Sectors

  • Outsourcing
  • Human Resources

Geography

  • United States – The acquisition announcement is based in New York, indicating the companies involved are operating in the United States.

Industry

  • Outsourcing – The article discusses Stable Rock Solutions, an outsourcing firm specializing in back-office services.
  • Human Resources – The acquisition of True Compare PEO highlights services related to professional employer organization selection and HR support.

Financials

    Participants

    NameRoleTypeDescription
    Stable Rock Solutions LLCAcquiring CompanyCompanyA leading outsourcing firm specializing in comprehensive back-office solutions.
    True Compare PEOTarget CompanyCompanyA boutique brokerage specializing in professional employer organization advisory services.
    Greg FarringtonCo-FounderPersonCo-Founder of Stable Rock Solutions, involved in the acquisition announcement.
    Luke Van EveryFounder & CEOPersonFounder and CEO of True Compare PEO, discussing the acquisition.
    Boris OnefaterCo-FounderPersonCo-Founder of Stable Rock Solutions, emphasizing the value of True Compare's services.