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Paychex Buys HR Outsourcing

PaychexPayroll service provider Paychex has acquired HR Outsourcing Holdings. Rochester, N.Y.-based Paychex says HR Outsourcing, based in Charlotte, N.C., has about 140 employees who will be offered the opportunity to join Paychex. Terms were not disclosed.

In business since 2001, HROI is a national professional employer organization that sell HR products to small and mid-size businesses. PEO operations have been an important source of revenue growth for payroll companies such as Paychex and ADP.

Paychex says it already has more than one-million worksite employees who use its suite of HR outsourcing applications.

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