About Prestige Employee
Prestige Employee is a company based in Melville (United States) founded in 1998 was acquired by TriSpan in January 2021.. Prestige Employee has completed 5 acquisitions, including APR Advantage, Concurrent HRO and PathGoal. Prestige Employee offers products and services including HR Management, Employee Benefits, Payroll Services, Compliance and Risk Management, and Retirement Plan Services. Prestige Employee operates in a competitive market with competitors including Bright Horizons Family Solutions, Broadstone, Zenith American Solutions, Intellivo and SAVii, among others.
- Headquarter Melville, United States
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
APR Advantage
& 4 more
-
Acquired by
TriSpan
(Jan 11, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Prestige Employee
Prestige Employee offers a comprehensive portfolio of products and services, including HR Management, Employee Benefits, Payroll Services, Compliance and Risk Management, and Retirement Plan Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Outsourced HR solutions for business operations
Provides plans for employee health and wellness
Efficient payroll handling for companies
Manages legal and risk aspects for businesses
Offers retirement plan administration for employees
Unlock access to complete
Sales and Marketing
13 people
Leadership Team
8 people
Software Development Team
4 people
Human Resources and Administration
2 people
Senior Team
2 people
CIO Team
2 people
Data Analysis and Operations Team
1 people
Finance and Accounting
1 people
Unlock access to complete
Funding Insights of Prestige Employee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prestige Employee
Prestige Employee has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TriSpan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
TriSpan is recognized as a leading private equity firm focused on lower middle-market companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Prestige Employee
Prestige Employee has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include APR Advantage, Concurrent HRO and PathGoal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of payroll, benefits administration, and other services
|
2016 | ||||
|
HR consulting services are provided as the core offering.
|
2014 | ||||
|
HR management services are provided to businesses by APR.
|
2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Prestige Employee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prestige Employee Comparisons
Competitors of Prestige Employee
Prestige Employee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bright Horizons Family Solutions, Broadstone, Zenith American Solutions, Intellivo and SAVii, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Early education and child care services are provided globally.
|
|
| domain | founded_year | HQ Location |
Employee benefits software, pensions management, and actuarial services are provided.
|
|
| domain | founded_year | HQ Location |
Third-party administration services are provided for U.S. workforce benefits.
|
|
| domain | founded_year | HQ Location |
Healthcare claims detection and recovery solutions are provided.
|
|
| domain | founded_year | HQ Location |
Provider of Payday Loans
|
|
| domain | founded_year | HQ Location |
Retirement plans, actuarial services, and record-keeping are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Prestige Employee
Frequently Asked Questions about Prestige Employee
When was Prestige Employee founded?
Prestige Employee was founded in 1998.
Where is Prestige Employee located?
Prestige Employee is headquartered in Melville, United States. It is registered at Melville, New York, United States.
What does Prestige Employee do?
Prestige Employee was established in 1998 in Melville, United States, as a provider of Professional Employer Organization (PEO) services. HR responsibilities such as payroll, benefits administration, and regulatory compliance are managed on behalf of client businesses. Operations center on outsourcing these functions to support small and medium-sized enterprises throughout the United States, with a focus on cost efficiency and risk mitigation in human resources.
Who are the top competitors of Prestige Employee?
Prestige Employee's top competitors include Bright Horizons Family Solutions, Intellivo and Broadstone.
What products or services does Prestige Employee offer?
Prestige Employee offers HR Management, Employee Benefits, Payroll Services, Compliance and Risk Management, and Retirement Plan Services.
How many acquisitions has Prestige Employee made?
Prestige Employee has made 5 acquisitions, including APR Advantage, Concurrent HRO, and PathGoal.
Who are Prestige Employee's investors?
Prestige Employee has 1 investor. Key investors include TriSpan.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.