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Oasis Outsourcing Gains Additional Private Equity Investor

West Palm Beach, FL – July 12, 2017 – Oasis Outsourcing, the nation’s largest privately held Professional Employer Organization (PEO), is pleased to announce that Kelso & Company has purchased a significant interest in the company. Stone Point Capital remains the majority owner of the company, with the remainder owned by Oasis management.

Kelso has been investing in North American private equity for over 35 years. Since 1980, Kelso has raised a total of nine private equity funds, representing approximately $12 billion of capital, and has made over 120 investments, over 90 of which have been exited.

“I am delighted to add Kelso to our team. Being backed by two outstanding Private Equity partners will further enable us to continue to invest in our business, both organically and via strategic acquisitions,” said Mark Perlberg, President and CEO of Oasis.

“Oasis has a great track record of growth, which has been fueled by innovative Human Resources solutions and a focus on delivering the highest level of client service. We are confident in their ability to drive even greater success in the days ahead,” said Chris Collins, Investment Partner of Kelso.

“We are proud of the progress Oasis has made since our acquisition in December 2014. Investments in human capital management technology and service model infrastructure, along with the successful completion of four acquisitions, have resulted in double-digit worksite employee growth,” said Darran Baird, Principal of Stone Point Capital. “We are pleased to partner with Kelso, who we have worked with successfully in the past.”

The terms of the transaction were not disclosed. SunTrust Robinson Humphrey acted as M&A advisor to Kelso on the transaction.

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About Oasis Outsourcing Holdings, Inc.

Oasis Outsourcing is a Florida-based Professional Employer Organization (PEO) serving more than 230,000 employees and 7,500 clients nationwide. Founded in 1996, it specializes in providing human resources services, employee benefits administration, payroll and tax administration, risk management services and staffing solutions to small- and medium-sized businesses throughout the United States. Oasis is accredited by the Employer Services Assurance Corporation (ESAC), ensuring the highest level of ethical, financial and operational standards in the PEO industry and has received SOC 1 Type II (formerly SAS 70) certification for its high level of accuracy and performance. Oasis, through its subsidiaries, is qualified to offer IRS-certified professional employer organization (CPEO) services.

Oasis is owned by private equity firms Stone Point Capital and Kelso with the remainder owned by Oasis management. Offices are located in Atlanta, GA; Austin, TX; Boca Raton, FL; Boston, MA; Charlotte, NC; Dallas, TX; Denver, CO; Edison, NJ; Houston, TX; Indianapolis, IN; Jacksonville, FL; Los Angeles, CA; Manhattan, NY; Miami, FL; Minneapolis, MN; Nashville, TN; New Haven, CT; Orlando, FL; Phoenix, AZ; Provo, UT; San Diego, CA; Sarasota, FL; St. Louis MO; Tampa, FL; Tucson, AZ; and West Palm Beach, FL. For more information about Oasis Outsourcing, visit www.oasisadvantage.com.


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The major benefit of partnering with Oasis is the availability of great benefit plans and their purchasing power that give our employees a lot more options then we would, if we were to do the benefits on our own.

Matt L. | Country Club Industry

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I think it’s actually very difficult to find anyone who understands the Healthcare Reform. And the confidence that we have that someone at Oasis and a team at Oasis are actually working on our behalf lets us focus on what we do best.

Matt L. | Country Club Industry

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The electronic onboarding is painless and walks you through the e-verification process easily.

Chris R. | Retail Industry

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The client portal is pretty intuitive and easy to use. I’ve had no issues entering payroll or making changes to employees’ information. The available reports are relevant and easy to tailor.

Chris R. | Retail Industry

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I have been able to focus more of my time on the business because Oasis has taken the burden of our payroll, complying with all the new laws, the new standards with the health insurance. Oasis deals with all of that. They take care of everything.

Doug F. | Hospitality Industry

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All of my questions have been dealt with in a very timely manner. I like having dedicated contacts. It allows me to form a working relationship with a couple of people, rather than calling a 1-800 number and being put in a queue for the next available representative.

Chris R. | Retail Industry

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When it comes to health benefits, [the benefits specialists] answer the phone quickly and have strong knowledge when it comes to employees setting up or making changes to their health benefits.

Suzie S. | Retail Industry

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I have only positives in regards to the 401(k) – they work quickly, are quite responsive and are always willing to conduct meetings as needed to keep employees informed & updated. Personally, I have benefited from the support in administering changes to my own 401(k).

Suzie S. | Retail Industry

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I have called on Oasis HR specialists a couple of times for advice on how to handle certain situations. They have done a good job of giving me practical answers. I have confidence in the advice I have received. The customer service level is excellent.

Chris R. | Retail Industry

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I am a fan of their website- the payroll process is simple and easy to customize, the reports are easy to find and download.

Suzie S. | Retail Industry

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Oasis is able to keep things real competitive when it comes to insurance and workers’ comp. Rates have been real reasonable over the years.

Owen L. | Printing Industry

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Another thing that makes Oasis stand out to me is that their invoice is straightforward and easy to understand. I feel like I have a better idea of where my payroll dollars are going.

Chris R. | Retail Industry

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In today’s world, especially, she stands out as a shining example of how to treat people and certainly clients. Service is every bit as important as product and she certainly offers gold star performance.

Mary B. | Environmental Manufacturing Industry

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Oasis staff, especially in the HR section has been real helpful and friendly. They take the time one-on-one, always have good answers and always help you and guide you in the right direction when it comes to complicated problems that might arise with some employees.

Owen L. | Printing Industry

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The relationship with our HR specialist is very beneficial. She is always there to return a phone call, to bounce an idea off of and to give us advice on how to best handle a situation.

Matt L. | Country Club Industry

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We have taken advantage of the partnership with Oasis and their purchasing power to offer our employees great plans at very competitive rates.

Matt L. | Country Club Industry

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When I do need immediate support, my rep is very responsive, well-versed in HR matters and very professional, kind and easy to work with. She is always willing to come out to meet with me if needed and [she is] easy to get a hold of on her office & cell phone.

Suzie S. | Retail Industry

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[I find that] HR handles the legal issues, the benefits are priced better through Oasis, and payroll handles all of the taxes. With all of these areas being handled by Oasis, it frees up my time to focus on my business and puts my mind at ease knowing that experts are handling everything.

Brad L. | Retail Industry

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The services that are offered by Oasis are why I continue my relationship. Having someone else take care of the HR, workers’ compensation, health insurance and payroll takes the liability off of my shoulders.

Marjorie K. | Pharmaceutical Industry

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A relationship with Oasis includes the ease of having one contact for multiple things that go on into day-to-day operations.

Yvette S. | Medical Industry

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[Oasis] is able to conveniently provide all of the services that I need to run my business all under one roof.

Paul B. | Beauty Industry

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Oasis offers all of the services that a company needs to run its business. Having all of the services outsourced allows the company to focus on growing the business.

Kristin C. | Insurance Industry

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A PEO is able to offer small start-up companies the expertise in HR and Benefits that isn’t readily available to them on their own.

Renee K. | Consulting Industry

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Oasis is a fabulous organization. All of our Reps go above and beyond to make sure all of our needs are being met.

Helen P. | Medical Industry

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Oasis’ team of payroll and HR specialists played a critical role in getting our business off the ground and allowed us to focus on our core operations without having to compromise any of our key HR functions.

David A. | Restaurant Industry

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