Seward & Kissel Represents Stable Rock Solutions in Connection with its Acquisition of True Compare PEO

December 19, 2024

Seward & Kissel’s Business Transactions Group Focusing on the Middle Market

On December 12, 2024, Stable Rock Solutions, an outsourcing firm specializing in comprehensive back-office solutions for early-stage and mid-sized companies, acquired True Compare PEO, a boutique brokerage dedicated to advising small and mid-sized businesses on selecting the right Professional Employer Organization (PEO) partner. Seward & Kissel is pleased to have represented Stable Rock Solutions in connection with this middle-market M&A transaction.

Stable Rock Solutions is an outsourcing firm that offers unmatched financial and operational support tailored to non-investment management businesses across diverse commercial sectors. True Compare PEO is a boutique brokerage firm that aims to simplify the PEO search process and help clients evaluate top providers that best suit their individualized needs by providing transparency and trusted expertise.

Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation.

The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that “Seward & Kissel has considerable expertise in M&A;…The team regularly acts for private equity firms, international businesses and financial services companies in a huge variety of domestic and cross-border corporate and financing transactions.”

The company’s announcement describing this transaction is reproduced below for your information.

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Stable Rock Solutions Expands Back-Office Services with Acquisition of True Compare PEO

NEW YORK, NY / ACCESSWIRE / December 12, 2024 / Stable Rock Solutions LLC (“Stable Rock”), a leading outsourcing firm specializing in comprehensive back-office solutions for early-stage and mid-sized companies, today announced its acquisition of True Compare PEO (“True Compare”), a well-respected boutique brokerage dedicated to advising small and mid-size businesses on selecting the right Professional Employer Organization (PEO) partner. This strategic expansion of Stable Rock’s platform enhances its ability to provide expert guidance, helping its clients make well-informed decisions on human resource solutions.

“We are excited to welcome True Compare PEO to the Stable Rock Team,” said Greg Farrington, Co-Founder of Stable Rock. “The company’s commitment to helping clients make well-informed PEO choices aligns perfectly with our goal of providing businesses with the tools and support needed for growth and success.”

Through this acquisition, Stable Rock integrates True Compare’s advisory capabilities into its platform, offering businesses a one-stop solution for PEO guidance alongside core services in outsourced CFO support, strategic finance and reporting, accounting, tax strategy, and bookkeeping. By combining Stable Rock’s end-to-end back-office support with True Compare’s expertise, clients benefit from a cohesive and comprehensive service platform designed to meet their operational needs and support strategic growth.

“Together, we are able to offer even greater support to our clients through the creation of a comprehensive platform that provides a full range of resources to streamline both HR and financial operations.” said Luke Van Every, Founder & CEO of True Compare.

Boris Onefater, Co-Founder of Stable Rock, added, “The integration of True Compare’s specialized PEO advisory services into our platform enhances our ability to provide tailored unbiased solutions to address our clients’ unique human capital requirements while continuing to deliver added value to our clients.”

With this acquisition, Stable Rock reaffirms its commitment to helping early-stage and mid-sized businesses achieve sustainable growth through trusted, personalized support. Clients of both Stable Rock and True Compare will benefit as the two teams work closely together to unify their resources and expertise.