Innovation HR Sells to LRA Global HR
PEO Acquisitions Continue – Innovation HR Sells to LRA Global HR
May 6, 2011
A press release recently announced that Innovation HR has sold its clients to LRA Global HR. LRA Global HR director of operations Anurag Dandiya noted in the release that the newly acquired clients will be serviced from the Orlando Florida office of LRA Global HR. Innovation of Vero Beach Florida has operated as a PEO in Florida and was formerly associated with another PEO in Vero Beach known as At Your Service or The AYS Group. AYS was originally established in 1996 and was owned and managed by Deborah Segal. AYS changed their name to Innovation HR, Inc in 2007.
LRA Global and Staffing Concepts International (SCI)
LRA Global was established by Henry Hardin III in March of 2003 as Staffing Concepts which operates a group of entities under that name. In February 2011, SCI Global HR, Inc moved to change the name of the corporation to LRA Global HR, Inc. Mr. Hardin and his associated entities have been long time providers of Professional Employer Organization and employee leasing services in Florida and Georgia. No information in the press release described the type of acquisition, a client asset sale is presumed.
Clients who may be affected by the LRA Global HR may want to review the StaffMarket information for my PEO was just sold, now what ? to consider their best options.