Capital Alliance Advises HR Services Firm Lyons on Aabakus Acquisition.
M2 EQUITYBITES-July 12, 2016-Capital Alliance Advises HR Services Firm Lyons on Aabakus Acquisition
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12 July 2016 - US-based human resources services firm Lyons HR has acquired professional employer organisation Aabakus Inc., the firm said.
Terms of the deal were not disclosed.
Capital Alliance Corp. of Dallas counseled Lyons on the acquisition. Brad Buttermore, Capital Alliance managing partner and CFO, sourced and directed the acquisition.
This transaction strengthens Lyons HR's position in the Nashville employment market.
Lyons now provides services for more than 610 clients in 40 states, totaling more than 12,000 worksite employees.
As a full service human resource company, Lyons HR serves clients through its PEO and Staffing divisions.
The company is accredited by the Employer Services Assurance Corp.
Lyons HR was founded as a staffing company in 1995. In 2013 the company developed and began implementation of a strategic plan to become a premier human resource management company in the southeastern United States.
The company now has 13 office locations in four states.
For more than 30 years Aabakus Inc. has provided outsourced HR services for small companies.
The firm offers a range of human resource services, including nearly every aspect of payroll preparation, human resource management, employee benefits, government compliance and workers' compensation administration.
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