Growth Potential Remedy Employer Services has recently been acquired by CoAdvantage Corporation, positioning it within a larger network of HR solutions providers and creating opportunities for cross-selling and integration of comprehensive HR outsourcing services to its existing clients.
Market Focus As a dedicated PEO targeting small to medium-sized businesses and with a strong emphasis on personalized service, Remedy presents a compelling proposition to companies seeking tailored HR and employee leasing solutions, especially in the context of economic recovery.
Technology Edge Remedy’s adoption of cloud-based infrastructure and modern platforms indicates a focus on delivering efficient, scalable, and modern HR solutions, which can appeal to tech-savvy clients looking for reliable and flexible employee management services.
Competitive Positioning With revenue estimates between $1M and $10M and a lean team of 2-10 employees, Remedy offers a nimble and personalized alternative to larger PEOs and HR service firms, attracting clients seeking customized attention.
Growth Strategy Remedy’s focus on high-quality, tailored HR solutions coupled with its recent acquisition signals investment in expanding market share within the competitive HR outsourcing industry, presenting opportunities for upselling additional services like payroll, compliance, and benefits administration.