Carleton McKenna’s 2Q24 PEO Report examines the strategic marketplace, consolidation trends, and the future deal-making landscape for PEO service businesses. Key highlights include the increasing demand for PEO services and the industry’s adaptation to evolving labor laws and technology.

• Small- and medium-sized businesses are increasingly recognizing the benefits of outsourcing HR and administrative tasks, driving growing demand for PEO services.
• The industry is consolidating, with larger PEO players acquiring smaller ones to increase market share and expand service offerings.

To learn more about Carleton McKenna’s wide range of transaction experiences, strategies for growth or exit, and current PEO industry trends, please contact us.