Acquiring a Company with a PEO? What Buyers Need to Know

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The latest “Just Compensation” podcast features Megan Monson, Taryn E. Cannataro, and Jessica Kriegsfeld of Lowenstein’s Employee Benefits & Executive Compensation group describing some of the benefits-related considerations of which buyers should be aware in transactions involving an entity that uses a professional employer organization or PEO. Many companies use PEOs to handle HR tasks such as payroll; however, acquiring a company that uses a PEO may require a different approach for deal documentation and consideration on the go-forward status of health/welfare and retirement plans, including understanding procedural requirements and limitations, to name a few—all of which could cause unexpected delays and administrative burdens.

Episode Resources:

Speakers:
Megan Monson, Partner, Employee Benefits & Executive Compensation

Taryn E. Cannataro, Counsel, Employee Benefits & Executive Compensation

Jessica Kriegsfeld, Associate, Employee Benefits & Executive Compensation

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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