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releases
ZeroChaos Acquires Adecco USA’s
PayWise Division
(June
18, 2008 – Orlando, FL)
ZeroChaos, a global workforce solutions
company headquartered in Orlando,
today announced the acquisition of PayWise, Inc., a division of
Adecco USA focused on providing
professional payrolling services. The terms of the deal were not
disclosed.
“For 50 years, PayWise provided unique
solutions and impeccable service to a host of venerable clients,”
said Harold Mills, CEO of ZeroChaos. “We are excited to join forces
with this skilled, proven team of professionals. The newly expanded
ZeroChaos will serve 150 customers in seven countries. We have
complementary services and virtually no client overlap. As a result,
this transaction creates the most significant and capable
professional payrolling solution in the market."
“ZeroChaos’ reputation for innovation,
integrity and thought leadership in our industry is unparalleled,
and we are delighted to be a part of the ZeroChaos family,” said
Barbara Mass, Vice President of PayWise.
According to Adecco General Staffing
USA President Joyce
Russell, the transaction creates value for all parties involved. She
said, “We will foster a strong relationship between our
organizations in order to address the diverse payrolling needs of
all our customers.”
About ZeroChaos
For visionary companies seeking greater
management and financial control of their contingent workforce,
ZeroChaos is transforming their talent supply chain. ZeroChaos’
innovative private label solutions, combined with its
full-disclosure pricing strategy, enables companies to create their
own talent pools, build proactive relationships with quality talent,
and gain a competitive advantage by attracting and managing the best
contingent knowledge workforce. Clients include many of the top
Fortune 500 companies. For more information, please visit www.zerochaos.com.
About
PayWise, Inc.
For over 50 years, PayWise, Inc. formally a
wholly owned subsidiary of Adecco USA, has been a
nationwide leader in referral staffing, with a core competency in
payrolling. PayWise’s years of experience in the field demonstrate
performance with proven efficiency, superior administration and
attention to detail.
About
Adecco North
America
Adecco is the largest workforce solutions
provider in the United
States and Canada, with a
comprehensive service offering that includes temporary and contract
staffing, permanent recruitment, outplacement and career services,
recruitment process outsourcing, training and consulting.
In addition to its administrative, clerical
and light industrial staffing services, Adecco operates the
following specialty divisions:
•
Engineering & Technical
•
Finance & Accounting
•
Information Technology
•
Medical & Science
•
Legal
•
Human Capital Solutions
•
Government Solutions
•
Transportation
Adecco S.A. is registered in
Switzerland
(ISIN: CH001213860) and listed on the Swiss Stock Exchange with
trading on virt-x (SWX/VIRT-X: ADEN) and Euronext Paris – Premier
Marché (EURONEXT: ADE).
Additional information is available at the
company’s website at www.adeccousa.com.
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