Fourth PEO Acquisition Announced in
2024
ATLANTA, June 25,
2024 /PRNewswire/ -- OneDigital, the nation's leading
insurance brokerage, financial services and HR consulting firm, has
acquired PayCheck Connection, a professional employer organization
(PEO) and HR Management company in Coeur d'Alene, ID. This
strategic acquisition allows OneDigital to expand its OneDigital
Resourcing Edge PEO solution, servicing over 60,000 worksite
employees, to its Northwest market, which provides employee
benefits and pharmacy consulting, retirement plan services, wealth
management, HR consulting, property and casualty insurance, and
Medicare offerings.
Founded in 2006 and based in Coeur d'Alene, Idaho, Paycheck Connection is a turnkey
business outsourcing solution, helping clients improve their
business performance with services that include payroll, HR
management, workers' compensation, payroll tax management, and
compliance. Paycheck Connection's client base is diverse, ranging
from medical and tech firms to restaurants, and the construction
and forestry industries.
"Expanding into Idaho is indeed
an exciting move for OneDigital, aligning with our Pacific
Northwest growth strategy," said Ted
Crawford, President of OneDigital Resourcing Edge. "Paycheck
Connection has an impressive brand name and a loyal client base,
which makes this collaboration even more promising. As we eagerly
anticipate future opportunities, we strive to become the preferred
partner for small to medium-sized business owners, offering
exceptional value and tailored solutions to help them thrive."
Maintaining most clients for over 15 years, Paycheck
Connection's long-lasting relationships result from their
commitment to ensuring their clients' business success. The
dedicated Paycheck Connection 13-member team will continue directly
servicing their clients in adjacent roles with OneDigital.
Jacklyn Holovka and Carolyn Schultz, co-principals of PayCheck
Connection, jointly stated, "As businesses expand and face complex
compliance requirements, we are confident that together with
OneDigital we will be uniquely positioned to help clients tackle
upcoming challenges. We view this as a tremendous growth
opportunity and eagerly anticipate collaborating with the
OneDigital team to enhance their market leadership."
OneDigital is experiencing robust momentum in the PEO space with
the recent additions of Lyons HR, Creative Business Resources, and
JMA Human Resource Management. The firm's current and future growth
will be fueled by both organic expansion and strategic
acquisitions, without losing sight of its core values, a strong
organizational culture and a client-first philosophy.
About OneDigital
OneDigital's team of fierce advocates helps businesses and
individuals achieve their aspirations of health, success and
financial security. Our insurance, financial services and HR
platform provides personalized, tech-enabled solutions for a
contemporary work-life experience. Nationally recognized for our
culture of caring, OneDigital's teams enable employers and
individuals to do their best work and live their best lives. More
than 100,000 employers and millions of individuals rely on our
teams for counsel and access to fully integrated worksite products
and services and the retirement and wealth management advice
provided through OneDigital Investment Advisors. Founded in 2000
and headquartered in Atlanta,
OneDigital maintains offices in most major markets across the
nation. For more information, visit onedigital.com.
About PayCheck Connection
PayCheck Connection was founded in 2006 and headquartered in
Coeur d'Alene, Idaho. The team at
PayCheck Connection has maintained clients from medical and tech
firms to restaurants and the construction and forestry industries.
PayCheck Connection helps clients improve business performance with
an outsourcing solution to save clients time and money. For more
information, visit paycheckconnection.com.
Media Contact: Chelsea
McKenna, chelsea.mckenna@onedigital.com
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SOURCE OneDigital