National firm expands Gulf Coast presence

The nation's high unemployment rate would seemingly be a disaster for the professional employer organization industry, which partially relies on the size of a client's payroll to succeed.

But the largest privately held PEO in the country, West Palm Beach-based Oasis Outsourcing, is on a growth spurt. The roll includes a recent acquisition on the Gulf Coast, when it bought Advantec, a Tampa-based PEO. “Our presence in the area will now certainly grow,” says Oasis President and CEO Mark Perlberg.

The Advantec deal, which closed in April, essentially allows Oasis to take a competitor out of a key market.