Mergers and Acquistions News
Categories: IT Services & Consulting
July 9th 2009, 15:15PM
Human resources firm HRN Management Group has announced the acquisition of employee compensation software and consulting company Koker Goodwin & Associates.
Koker Goodwin, which produced human resources management software packages Compease and iPerformease, has partnered with HRN on sales and implementation of its products in the past.
Jerry P Nelson, president and chief executive officer of HRN, said the merger culminates a working relationship that has spanned over a decade.
He added: "The synergies will be huge and the outlook for future growth and professionalism is without limit.
"Clinton Koker and Mike Goodwin have been great friends and business associates for years; to be working with them within the same organisation will be outstanding."
The acquisition is the second for HRN in the past 12 months, after July 2008 saw the company merge with HRValue Group.
Last year the firm celebrated signing the 600th client to its Performance Pro performance management and development solution.
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