By Brad Buttermore Managing Partner and Chief Financial Officer Revenue and gross profits rose year over year during the third quarter of 2019 for Professional Employer Organizations (PEOs) operating in the United States, with 25% of those surveyed reporting that revenue was up significantly, and 15% noting a significant increase in gross profits. We see...
By Brad Buttermore Managing Partner and Chief Financial Officer Professional Employer Organization (PEO) annual revenue grew by double-digits in 2018, according to an industry survey from the National Association of Professional Employer Organizations (NAPEO). The revenue growth rate for all participating PEOs was 10 percent, with the largest firms (PEOs with more than 5,000 worksite...
DALLAS, Sept. 24, 2019 – PeopleShare, LLC (PeopleShare), a Pennsylvania-based company that provides temporary staffing and outsourced HR services on the East Coast, acquired Best Practices Staffing of the Greater Chicago area. Dallas-based middle-market investment firm Capital Alliance Corp. (CAC) represented Best Practices Staffing in the transaction, which brings PeopleShare to a total of 30 locations....
DALLAS, Sept. 4, 2019 – Capital Alliance Corp.’s second quarter human resource management (HRM) report, “Q2 Market Transactions & Valuations,” shows transactions are on the rise, compared to last year. The report breaks down HRM industry transactions, historical trends and public valuation multiples, by HRM segment. It includes labor force indicators and a quarterly review...
By Todd Garner Managing Director M&A activity in the oil patch appears to be on hiatus as Wall Street skepticism rises over whether there’s actual money to be made in the country’s current shale development environment. Dropping natural gas prices and the rising cost of oil production and exploration would seem to indicate a market...
By Bryan Livingston Managing Partner and CEO Investors and owners/developers in the conventional oil & gas assets and infrastructure middle market now have an advisor with a truly global reach and an alternative to the auction process for acquisitions and divestitures (A&D). Capital Alliance Corp. (CAC) recently added A&D to its suite of transaction services...
Jim Mack writes that one-, three- and five-year plans each have complimentary roles in planning for growth. Read his article in the June/July 2019 issue of PEO Insider here.
Neal Patel is a senior advisor for Oaklins Capital Alliance Corp. He comes to Capital Alliance with over 13 years in the oil & gas pipeline/midstream industry. Neal started his career as an investment banker at Lazard, where he worked on numerous deals totaling over $30 billion for major utility, midstream and other energy companies....
DALLAS, June 11, 2019 – Capital Alliance Corp. (CAC), an Oaklins International member firm, has expanded its energy practice group with two new hires who will focus on upstream oil & gas asset acquisition & divestiture (A&D) and utility infrastructure transactions. Neal Patel will serve as managing director and head of energy infrastructure at CAC....
By Todd Garner Oil and Gas Asset Practice Leader Managing Director Occidental Petroleum’s recent announcement that it will buy Anadarko could signal a new wave of merger and acquisition activity in the oil patch, with the Permian Basin a main target. The deal, after all, is the largest acquisition in the oil & gas industry...
