TriNet Group, Inc. acquired Clarus R&D Solutions, LLC.
September 05, 2022
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TriNet Group, Inc. (NYSE:TNET) acquired Clarus R&D Solutions, LLC on September 1, 2022. As part of the acquisition, Clarus R+D will become a wholly owned subsidiary of TriNet. In addition to Winslow, all other members of the Clarus leadership team will remain in their same (or similar) roles. Ice Miller LLP represented Clarus R+D as legal counsel in the transaction and Freshfields Bruckhaus Deringer US LLP assisted TriNet.
TriNet Group, Inc. (NYSE:TNET) completed the acquisition of Clarus R&D Solutions, LLC for $48 million on September 1, 2022.
TriNet Group, Inc. provides small and medium-size businesses with full-service industry-specific human resource (HR) solutions, providing both professional employer organization (PEO) and human resources information system (HRIS) services. The Company offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and research and development (R&D) tax credit services, all enabled by technology. Its suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time and attendance. It offers six industry-tailored vertical PEO services: TriNet Financial Services, TriNet Life Sciences, TriNet Main Street, TriNet Nonprofit, TriNet Professional Services and TriNet Technology. The Company's HRIS services primarily consists of its self-directed, cloud based HRIS software solution and provides the option to add tools, such as payroll processing and benefits management.
TRINET GROUP, INC. 
