Appointment Follows Transformative Acquisitions of PEMCO and Total HR
TAMPA, Fla., Feb. 5, 2018 — CoAdvantage Corporation (“CoAdvantage”), a leading national provider of strategic human resource solutions for small to mid-sized companies, today announced that Clinton Burgess has been appointed Chief Executive Officer of the combined CoAdvantage organization. Mr. Burgess assumes this role following his prior successful leadership as CEO of Progressive Employer Management Company (PEMCO), a Florida-based Professional Employer Organization (PEO) with over 30,000 worksite employees, which merged with CoAdvantage in October 2017.
Mr. Burgess’ appointment represents a significant step in the integration of PEMCO and CoAdvantage. “By bringing together these talented teams, we have assembled many of the best leaders in the industry,” said Clinton. “We have spent substantial time assessing the combined organization and adopting best-in-class practices and procedures. I am excited to have the opportunity to continue to improve the quality and breadth of services we provide our clients.” Under Clinton’s leadership, CoAdvantage is uniquely positioned to provide clients with the best products, technology and service model, as well as the increased benefits of national scale. With the recent additions of PEMCO and California-based Total HR, CoAdvantage increased in size by nearly 70% and now provides industry leading and comprehensive HR services including, payroll, benefits, risk management and HR administration to more than 4,500 small and medium businesses nationwide.
“Clinton has a proven track record in the PEO industry for driving client service and product excellence,” said Jim Howland, Chairman of CoAdvantage and Managing Director of Morgan Stanley Capital Partners. “His industry experience and track record for successfully integrating and scaling PEO businesses are a tremendous asset to CoAdvantage’s continued growth and national expansion.” Morgan Stanley Capital Partners made a substantial investment in CoAdvantage in October 2015 and continues to support the growth of the business.
About CoAdvantage
CoAdvantage is a leading Professional Employer Organization (PEO) that offers small and mid-sized businesses a comprehensive package of human resource solutions, enabling them to reduce their administrative burden and access affordable employee benefits. The company integrates payroll and tax processing, employee benefit plan administration, risk management, government compliance, and other human resources services into a single-vendor solution that is exceptionally efficient and effective. To learn more, visit www.coadvantage.com.