Strategic Outsourcing
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Strategic Outsourcing - overview
Established
1990
Location
Charlotte, NC, US
Primary Industry
Outsourcing
About
Strategic Outsourcing is a specialized firm providing tailored HR solutions to businesses, focusing on optimizing workforce management and enhancing efficiency through comprehensive services. Founded in 1990 and headquartered in Charlotte, US, Strategic Outsourcing operates as a dedicated provider of HR services. The company was acquired by TriNet Group in September 2012, which further integrated its offerings into a broader portfolio. Pauline Sheldon, the founder, established the firm with a vision to streamline HR functions for small and medium-sized businesses.
The company has successfully completed 3 deals since its inception, with the latest round being a Buyout in September 2012, securing USD 64. 70 mn from investors including Clarion Capital Partners. Strategic Outsourcing offers a wide range of HR solutions including Professional Employer Organization (PEO) services and HR Plus. Their offerings encompass payroll processing, employee benefits administration, compliance support, and risk mitigation services tailored for small and medium-sized businesses across diverse industries.
The firm serves over 20,000 clients, helping them manage complexities of payroll and regulatory compliance, primarily within the United States. The company generates revenue through its subscription-based PEO and HR Plus services, with pricing based on the number of employees and services provided. In 2024, Strategic Outsourcing processed over USD 53. 5 bn in payroll, reflecting strong engagement with its client base and establishing itself as a vital partner for SMEs in managing their HR needs.
Strategic Outsourcing plans to leverage its recent acquisition by TriNet Group to enhance its service offerings and expand its market reach. The firm is focused on developing new products to address evolving HR challenges, with specific plans for expansion into new regions within the US by 2025. The funding from the Buyout will support these strategic initiatives, allowing for the development of advanced HR solutions tailored to client demands.
Current Investors
General Atlantic, TriNet Group, Inc.
Primary Industry
Outsourcing
Sub Industries
Human Resources Services
Website
www.soi.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Strategic Outsourcing - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Strategic Outsourcing | - | ||||||||
| Private Debt | Completed | Strategic Outsourcing | - | ||||||||
| Buyout | Completed | Strategic Outsourcing | - |
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