Remedy Employer Services LLC

Remedy Employer Services LLC specializes in human resource management solutions, providing small to mid-sized businesses with essential services like payroll processing, employee benefits, compliance support, and risk management. Founded in 2010 in Bradenton, US, Remedy Employer Services LLC operates as a professional employer organization (PEO). The company has undergone no significant pivots in its business strategy and does not have any known parent or subsidiary connections. In 2018, Remedy was acquired by CoAdvantage, Inc.

, a portfolio company of Morgan Stanley Global Private Equity, in a deal where financial terms were not disclosed. Remedy Employer Services offers a comprehensive suite of human resource and employee management solutions aimed at small to mid-sized businesses. Their core services include professional employer organization (PEO) capabilities, allowing companies to outsource payroll processing, employee benefits management, risk management, and compliance assistance. With nearly 60 years of combined experience among managing partners, Remedy helps clients streamline operations, reduce overhead costs, and mitigate workforce management risks.

Their client base spans various industries across the United States, focusing on tailored solutions to meet unique organizational needs. The revenue model for Remedy Employer Services is based on service fees associated with its PEO offerings. Clients engage Remedy through service agreements that outline the services provided and their costs, structured as B2B partnerships. Businesses pay a base fee for PEO services, with additional charges for specialized services like risk management and benefits administration.

This partnership approach allows for efficient workforce management, with a fee structure that provides predictable costs aligned with operational needs. Moving forward, Remedy aims to enhance its service offerings with new products designed to further streamline workforce management. The company is exploring expansion into new geographic markets, although specific regions have not been disclosed. Following the acquisition in September 2018, Remedy plans to utilize the resources from CoAdvantage, Inc.

to support these initiatives and drive growth.