MILWAUKEE and CHICAGO and Columbus, Ohio and DETROIT, June 22, 2022 /PRNewswire/ — MilwaukeePEO and HR outsourcing company EmPower HR today announced that it is now a division of Vensure Employer Services, a Phoenixbased company that provides PEO Solutions and the outsourcing of human resources to small and medium-sized businesses across the country. Through its subsidiaries, including VensureHR, the Company processes over $20.1 billion in the payroll and supports more than 576,000 employees on construction sites. The terms of the contract are not disclosed.
Along with this partnership, EmPower HR plans to expand its platform to provide a greater range of human capital services to its clients, which include small and medium-sized businesses primarily in the Midwest and beyond. EmPower HR, LLC will operate as a division of Vensure. President Scott Carter will remain in his role, along with the entire existing management team.
Founded in 2004, with services including payroll, health and voluntary benefits, workers’ compensation, risk management and HR administration, Vensure companies support a wide range of industries, enabling owners small businesses to profitably manage HR functions and focus on growth. and profitability initiatives.
“Vensure shares the same values as us. We have conducted extensive research for an opportunity like this. They have exceeded our hopes for a company we can partner with and continue the tradition we have for great service, deep expertise and an environment our customers and partners want to be part of,” said Scott CarterPresident of EmPower HR.
EmPower HR’s Carter says the partnership will help the company pursue a range of growth opportunities while remaining focused on the vital work of supporting small and medium-sized businesses in the market facing a growing workforce. constant evolution.
“Joining forces with Vensure will give us significant resources to embark on our next phase of growth at EmPower HR,” Carter said. “We will continue to be loyal partners to our clients facing market volatility, and this investment from Vensure will strengthen our ability to serve an even wider range of small and medium-sized businesses seeking access to human capital services.
Waller Helms served as investment banker and advisor to EmPower HR on the transaction.
About EmPower HR – Founded in 1995, MilwaukeeEmPower HR provides complete outsourced HR solutions for small and medium businesses across the United States. Their services are customizable and include HR consulting, HR administration and payroll, risk management and compliance, benefits administration and basic recruiting. Determined to deliver what matters through genuine relationships and relentless accountability, EmPower HR serves clients ranging in size from 5 to 500 employees across all industries. Visit www.empowerhr.com
About Vensure – Vensure Employer Services was founded in 2004 and provides PEO solutions and HR outsourcing to small and medium businesses across the country. Through its subsidiaries, including VensureHR, the Company processes over $20.1 billion in the payroll and supports more than 576,000 employees on construction sites. Their services include payroll, health and voluntary benefits, workers’ compensation, risk management, and human resources administration. Visit www.vensure.com
SOURCE EmPower HR