AlphaStaff, Inc.
Acquires Selective HR Solutions and Adds 20,000 WSEES.
AlphaStaff,
Inc also Becomes Only PEO Distributing Exclusively through Broker/Agent Channel
Ft.
Lauderdale, FL, October 29, 2009 -- AlphaStaff Group, Inc.
, one of the nation?s...
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AlphaStaff, Inc.
Acquires Selective HR Solutions and Adds 20,000 WSEES.
AlphaStaff,
Inc also Becomes Only PEO Distributing Exclusively through Broker/Agent Channel
Ft.
Lauderdale, FL, October 29, 2009 -- AlphaStaff Group, Inc.
, one of the nation?s
fastest-growing professional employer organizations (PEO), today announced it has
executed an agreement with Selective Insurance Group, Inc.
, (Nasdaq: SIGI) to
acquire its Sarasota, Fla.
based PEO subsidiary, Selective HR Solutions, Inc.
When
the transaction is completed, AlphaStaff is expected to become one of the nation?s
largest professional employer organizations.
Closing is subject to Florida
regulatory approval and is expected to occur on or around Jan.
1, 2010.
AlphaStaff offers a flexible suite of services that focuses on human resources,
including HR administration and consulting, benefits administration, workers?
compensation coverage and safety management, payroll and integrated technology
solutions, and tax administratio
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