MIRAMAR, Fla. (Jan. 23, 2008) - CompuPay, Inc., the fourth largest payroll services company in the country, today announced the completion of the acquisition of Advanced Payroll Systems (APS). Based in Modesto, Calif., APS has provided payroll services to California businesses for the past twenty years.
"APS has a very good reputation in the community and is a perfect complement to CompuPay," stated Charlie Lathrop, chairman and chief executive officer of CompuPay. "This transaction enables us to continue our expansion and growth throughout California. Moreover, we can offer APS clients a much broader selection of payroll products and related services such as PC and Internet-based payroll, full service tax filing, workers' compensation insurance, 401(k) plans, section 125 plans and more."
CompuPay has hired all APS employees and APS clients continue to work with the same payroll specialists with whom they are familiar. Additionally, CompuPay will continue to operate out of the current Modesto office. The Modesto office is now the sixth California office for CompuPay and one of 26 offices across the country.
CompuPay, Inc. was founded in 1980 and today is the largest privately-held payroll company in the U.S. and among the top five overall. Its growing network of local offices processes payroll for tens of thousands of companies ranging in size from 1 to over 10,000 employees in all 50 states. The company offers payroll and employer-related services such as workers' compensation insurance, employee benefits, retirement plans and Section 125 and 132 plans to clients seeking highly flexible, innovative solutions to meet their growing business needs.
Phone Pay/Fax Pay
