ROSELAND, N.J. (AP) — Payroll processing company Automatic Data Processing Inc. said Tuesday that it completed its acquisition of the human resources subsidiary of SHPS Inc., an employee benefits administration company.

Financial terms were not disclosed.

Roseland, N.J.-based ADP already provides some human resources services for companies that outsource the work. ADP said that buying the SHPS Human Resource Solutions division will broaden the array of services ADP can offer.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.