Namely, the leading HR platform for mid-sized companies, today confirmed it has merged with the organization recently created by the combination of Vensure Employer Services and PrismHR.
Vensure Employer Services is one of the largest Professional Employment Organizations (PEO) in the U.S. The company serves more than 12,000 small- to mid-sized clients, offering core HR, payroll and tax filing; affordable healthcare benefits; workers’ compensation; managed services; and outsourcing solutions. PrismHR provides HR solutions to nearly 85,000 businesses through its community of HR service providers, which include major PEOs such as Vensure. The new entity created through the combination of Vensure and PrismHR is delivering human capital management solutions for every stage of a company’s growth and complexity. Namely further expands the full-service functionality by adding its advanced technology solutions that are in use by more 1,100+ mid-sized clients
Gary Noke, President and CEO of PrismHR, commented, “Small and mid-sized businesses are the lifeblood of the U.S. economy and culture—and we’re committed to providing them with even more cloud-based HCM solutions that help them compete with large companies. We do this by offering them the same high quality HR technology, healthcare plans, and outsourcing services including payroll, benefits and risk management that big companies enjoy. Namely’s significant technology investments and well-respected brand will enable us to provide employers and our PEO and ASO partners with even more functionality.”
Namely CEO and HR technology industry veteran, Larry Dunivan, said, “The addition of Namely’s product and service offerings will accelerate the momentum being created by the combination of Vensure and PrismHR. Namely has a long history of award-winning technology and passionate customer support and our move into this new organization will greatly benefit our employees, customers and prospects.”
Noke added, “With the addition of Namely to our family of products and services, we have something for every organization, regardless of where they are in their growth. We’re looking forward to continuing to invest in Namely’s technology.”
Vensure Employer Services CEO Alex Campos shared, “With Namely on-board, we’re now 3,600 employees strong and serving over three million employees, 850,000 directly. The coming together of our companies makes Namely bigger and better than ever, enabling us to bring its full power to more mid-sized companies. Our continued investment in technology solidifies our considerable position as the foremost solution for our PEO and ASO partners and all businesses, small and mid-sized.”
For more information, please contact Nikki Boehm of Namely by emailing nicole.boehm@namely.com.
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