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CoAdvantage acquires PEMCO

CoAdvantage, Inc., a provider of integrated human resource solutions for small and medium-sized businesses, has acquired Florida-based Progressive Employer Management Company(PEMCO), PE Hub reported. PEMCO is a provider of payroll administration and HR solutions for businesses. Financial terms of the deal were not announced. CoAdvantage is a portfolio company of Morgan Stanley Private Equity.

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M&A,M&A deals,mergers and acquisitions