Stable Rock Solutions Expands Through Acquisition of True Compare PEO
Deal News | Dec 12, 2024 | Newswire Business
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
Name | Role | Type | Description |
---|---|---|---|
Stable Rock Solutions LLC | Acquiring Company | Company | A leading outsourcing firm specializing in comprehensive back-office solutions. |
True Compare PEO | Target Company | Company | A boutique brokerage specializing in professional employer organization advisory services. |
Greg Farrington | Co-Founder | Person | Co-Founder of Stable Rock Solutions, involved in the acquisition announcement. |
Luke Van Every | Founder & CEO | Person | Founder and CEO of True Compare PEO, discussing the acquisition. |
Boris Onefater | Co-Founder | Person | Co-Founder of Stable Rock Solutions, emphasizing the value of True Compare's services. |