Accord Human Resources

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Accord Human Resources - overview

Established

1992

Location

Oklahoma City, OK, US

Primary Industry

Outsourcing

About

Accord Human Resources specializes in providing comprehensive human resources solutions that streamline payroll processing, compliance, and employee benefits for small and medium-sized businesses across various industries. Accord Human Resources was founded in 1992 and is headquartered in Oklahoma City, US. The company focuses on HR solutions and was acquired by TriNet Group in April 2012, with the financial details of the acquisition not disclosed. The founder's specific history is not publicly available, and there are no known subsidiaries or major changes in business strategy.


Accord Human Resources offers a comprehensive suite of HR solutions through its Professional Employer Organization (PEO) model and HR Plus platform. Their services include payroll processing, compliance support, employee benefits administration, and HR consulting, tailored specifically for small and medium-sized businesses. Accord serves clients across the United States, addressing the diverse needs of organizations with employee counts ranging from five to over 1,000. Accord Human Resources generates revenue primarily through its PEO and HR Plus offerings, which operate on a subscription model.


Clients engage with Accord to access a wide range of HR services tailored to their business needs. The pricing structure includes monthly or annual fees based on the number of worksite employees (WSE) and the selected service package, ensuring compliance and supporting talent retention. The most recent acquisition by TriNet Group in April 2012 positions Accord Human Resources for strategic growth. Future plans include expanding their service offerings and geographical footprint in the US market.


Specific new product designs and launches are currently under consideration to cater to evolving client demands, although exact timelines have yet to be announced. The acquisition is expected to leverage TriNet's resources to enhance Accord's capabilities and market reach.


Primary Industry

Outsourcing

Sub Industries

Business Support Services, Outsourcing, HR & Workforce Software

Website

www.accordhr.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Accord Human Resources - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedAccord Human Resources-
BuyoutCompletedAccord Human Resources-

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