TriNet has divested its subsidiary TriNet Clarus R+D to Arvo Tech to focus on core HR solutions, while Arvo Tech enhances its tax strategy capabilities for SMBs.
Target Information
TriNet has officially completed the sale of its wholly-owned subsidiary, TriNet Clarus R+D, to Arvo Tech, effective March 6, 2025. TriNet Clarus R+D specializes in offering R&D tax credit solutions specifically designed for small and medium-sized businesses (SMBs). Through this acquisition, Arvo Tech will incorporate the extensive expertise of TriNet Clarus R+D's tax team along with its proprietary software, enhancing its capabilities in delivering tailored tax strategies for SMBs.
The decision to divest comes as TriNet aims to sharpen its focus on core HR solutions for SMBs, providing services that include professional employer organization (PEO) and human resources information system (HRIS) offerings. This strategic move allows the Clarus business to flourish under Arvo Tech, a company dedicated to tax solutions, thereby potentially enhancing its service provision and overall market reach.
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Industry Overview in the U.S.
The tax services industry in the United States has seen consistent growth, particularly due to the increasing complexity of tax regulations and the rising demand for specialized tax advice among SMBs. As businesses strive to optimize ta
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