Questco Acquires Profit Advantage
Questco acquired Profit Advantage, a provider of outsourced human resources for small- and medium-sized businesses based in Omaha, Nebraska. The acquisition of Profit Advantage represents Questco’s first add-on acquisition of a professional employer organization (“PEO”) and comes just one month after the platform investment in Questco. Profit Advantage expands the company’s presence into the Nebraska market and diversifies Questco’s primarily Texas-based work site employee base. Questco is excited to enter a new market and leverage its resources and capabilities to accelerate growth of Profit Advantage.
Questco continues to seek add-on acquisition opportunities of any size in the PEO industry across the U.S.