Peliton, LLC has been acquired by Aureon, Inc.

September 2017 — The shareholders of Peliton, LLC have sold the company to Aureon, Inc. Financial details have not bee disclosed.

Peliton, LLC, based in Denver, Colorado, is a leading professional employer organization (PEO) serving small and mid-sized businesses with comprehensive employment-related services and HR consulting. The company offers a full range of integrated HR support services including payroll, group health insurance, workers’ compensation insurance, safety and training, HR and compliance, and financial and accounting outsourcing.

Aureon provides scalable business support services to small and large organizations. Serving clients nationally with a presence in 48 states, the company offers a comprehensive suite of support services, with a focus on HR, technology, contact center and consulting services.

Our role in the transaction

Oaklins' team in Dallas advised the seller in this transaction. The team developed a plan to approach key buyers in the industry who had a strong interest in the market and size of Peliton. Running a formal process, managing both the number of buyers and a strict time frame for negotiating initial offers, the team delivered four strong and competing offers and subsequently improved those offers by as much as 60%. The client had two very well-matched acquirors with competing offers to choose from and selected the firm who provided the most promise in terms of experience, capital and product offerings to support a successful acquisition and future growth opportunities for Peliton, its markets, clients and employees.