Stable Rock acquires True Compare PEO, expands back office services
NEW YORK, UNITED STATES — Stable Rock Solutions, a back-office solutions provider serving over 400 companies worldwide, has acquired True Compare PEO, expanding its service portfolio to include Professional Employer Organization (PEO) advisory services.
The acquisition combines Stable Rock’s comprehensive financial services with True Compare’s expertise in PEO selection and implementation.
Stable Rock, founded by industry veterans Greg Farrington and Boris Onefater, brings over 12 years of experience and a team of 120 professionals across six U.S. locations. The company offers outsourced CFO services, strategic financial planning, and accounting solutions to small and mid-sized enterprises.
Enhanced service offerings
“Together, we are able to offer even greater support to our clients through the creation of a comprehensive platform that provides a full range of resources to streamline both HR and financial operations,” said Luke Van Every, Founder & CEO of True Compare.
True Compare PEO specializes in matching businesses with appropriate PEO providers, offering guidance on services including payroll, benefits administration, HR support, and risk management. The company’s consultative approach helps clients navigate the complexities of PEO selection, ensuring the best fit for their specific needs.
Greg Farrington, Co-Founder of Stable Rock, expressed enthusiasm about the acquisition: “We are excited to welcome True Compare PEO to the Stable Rock Team. The company’s commitment to helping clients make well-informed PEO choices aligns perfectly with our goal of providing businesses with the tools and support needed for growth and success.”
Market impact
The merger strengthens Stable Rock’s position in the growing outsourcing industry, where PEO services have become increasingly vital for businesses expanding domestically and internationally. The combined entity will continue to serve clients across various commercial sectors, leveraging True Compare’s expertise in PEO selection and Stable Rock’s established back-office infrastructure.