TriNet Acquires HR Outsourcing Provider John Parry & Alexander (JPA)

SAN LEANDRO, Calif.--(BUSINESS WIRE)--TriNet Group, Inc., a nationwide provider of human resource (HR) outsourcing services for small and medium-sized companies, today announced the next stage of its growth and expansion strategy through the acquisition of the business of John Parry & Alexander (JPA), an HR outsourcing and consulting services company based in Walnut Creek, California. All executives and employees from JPA have become full-time team members of TriNet. Specific terms of the transaction are not being disclosed. via BusinessWire

Virgo Capital Acquires Accord Human Resources

Transaction Provides Accord with an Equity Partner Focused on Growth

AUSTIN, Texas & OKLAHOMA CITY--(BUSINESS WIRE)--Accord Human Resources, a leading provider of outsourced HR management solutions, and Virgo Capital, a private equity firm dedicated to the technology-enabled services market, jointly announced today that Virgo Capital has acquired Accord Human Resources.

via Business Wire

Regulators OK Aetna plan to buy Phoenix company

U.S. antitrust officials on Wednesday gave the green light to health insurer Aetna Inc.'s plan to acquire Phoenix-based Schaller Anderson Inc. for $535 million.

The deal, announced May 24, would see the 1,800-employee managed-care company keeping its headquarters in Phoenix and becoming part of Aetna's efforts to expand the Medicaid side of its business.

"(The approval) is another milestone that gets us closer to the closing, and we're pleased that it went through," Aetna spokesman Fred Laberge said. "We think there's definite value to the Schaller Anderson name within the Medicaid business."

The deal is expected to close in the third quarter. Both companies have said they do not plan to cut employees as a result of the acquisition.

Whether Schaller Anderson will retain its name or take on a new one has not been decided, Laberge said.

Schaller Anderson was started in 1986 and provides managed services for Medicaid plans. It was recently named one of the fastest-growing inner-city firms by Inc. magazine. via AZCentral.com