Silva Capital Milestone - Completion of 50th PEO Transaction!
Silva Capital Milestone ~
Completion of 50th PEO Transaction!
Silva Capital Solutions, Inc.(SCS) is pleased to announce the close of our 50th Professional Employer Organization (PEO) transaction.

During the 50th transaction, Silva Capital served as the advisor to Avitus Group in the purchase of HRnovations of Bellevue, Washington. Wanda J. Silva, President of SCS, sourced and managed the acquisition.

Avitus Group is celebrating 20 years in business, and recent acquisitions have contributed to the company more than doubling in size over the past few years.

"Avitus Group opened its doors in 1996 in Billings, Montana and is on a calculated path of rapid growth. Much of that growth can be attributed to acquisitions, and we're very pleased with the work Wanda and her knowledgeable team has done for us. We've been able to acquire top-notch co-employer companies with very similar company cultures. This has allowed us to expand our presence geographically through regional offices and operations centers while serving our clients with the high level of customer service that they have come to expect," says Avitus Group CEO and Chairman Willie Chrans.

Avitus Group is actively looking to acquire additional PEO organizations that fit within the company's acquisition guidelines.

Avitus Group  is a worldwide company with corporate headquarters in the Denver Metro. Avitus Group simplifies, strengthens and grows businesses by providing 'back office' support (Payroll, accounting, taxes, recruiting, information technology, human resources and much more.) When a business uses Avitus Group, all of the necessary yet burdensome functions of the business become Avitus Group's responsibility, so the business can focus on what it does best. Avitus Group serves clients nationwide through regional office locations from coast to coast. The company also serves international clients through partner locations in Europe, Canada, China, England, India, Japan and Singapore. Recent acquisitions brokered by Silva Capital Solutions include Swan HR in Anchorage, Alaska and Fairbanks as well as the most recent acquisition in of HRnovations in Bellevue, Washington.

Wanda J. Silva adds --

"The completion of our 50th PEO transaction is a significant milestone - we are proud, honored and humbled. As we celebrate our 20th year as the premier Merger & Acquisition Advisor to PEO, HRO and Outsourced Business Service Companies, we honor our clients, without whom we could not have accomplished our goals. Our success is built on trusted long-term relationships and I look forward to partnering with these industries for many years to come. The PEO industry is solid, strong and poised for growth. Consolidation continues to make sense and the Merger & Acquisition front remains very active."

About Silva Capital --


Silva Capital Solutions, Inc. is an Atlanta based Merger & Acquisition firm providing services specific to the PEO/HRO and Outsourced Business Services industries. Services include representation of buyers and sellers, business valuations, Client VIP Days, Exit Strategy Planning and strategic consulting to CEOs and shareholders.


Thanks again for your continued support.

Sincerely,

Wanda J. Silva, President and
The Silva Capital Solutions, Inc. Family
Wanda J. Silva| Silva Capital Solutions, Inc. | 770-218-5496 | [email protected] | www.silvacapital.com
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