Lyons HR has acquired AdminHR, LLC
Lyons HR, based in Gadsden, Alabama, has acquired AdminHR, LLC for an undisclosed consideration.
Lyons HR is a full-service human resources company serving clients through its PEO and staffing divisions. The company is accredited by the Employer Services Assurance Corporation (ESAC) and is one of only 36 companies in the industry with ESAC accreditation. As a result of its acquisition of AdminHR, Lyons HR has expanded to nine offices across the states of North Carolina, Alabama and Tennessee.
AdminHR, LLC, based in Charlotte, North Carolina, is a professional employer organization (PEO) providing comprehensive human resources services for the small to mid-sized business market. Tom Moore, CEO of AdminHR, said: “We appreciated the way Oaklins' Dallas team approached us and helped navigate the challenges we encountered during the process. We believe that becoming part of Lyons HR was an excellent decision, allowing us to join forces with a quality organization to take advantage of growth opportunities and to achieve our operational objectives.”
“Capital Alliance is a trusted advisor and did an excellent job locating this opportunity that fulfills a key step in our strategic growth plan,” said Bill Lyons, CEO of Lyons HR. “Brad Buttermore and his team at Capital Alliance provided objective and insightful advice and effectively managed the process from introduction through closing.”
Tom Moore, CEO of AdminHR, added, “We appreciated the way Brad approached us and helped navigate the challenges we encountered during the process. We believe becoming part of Lyons HR was an excellent decision, allowing us to join forces with a quality organization to take advantage of growth opportunities and to achieve our operational objectives.”
Oaklins' team in Dallas advised the buyer in this transaction. As a strategic sponsor and member of NAPEO, our team was aware of potential buyers who had specific targets in the Charlotte and North Carolina market as a whole. After contacting and performing initial screenings of the potential buyers, a meeting was arranged for the seller to meet with the ultimate buyer, Lyons HR. The overall strategic fit was outstanding, delivering the desired solutions to both parties.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
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