ERIK VONK

GEVITY HR


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GEVITY HR

OVERVIEW

Gevity HR was one of the nation's leading providers of HR services to smaller businesses. Through a proprietary technology platform, it offered a broad range of outsourced services that cut costs and eliminated many of the burdens of employee administration.



CEO1ST PARTNER(S)

Erik Vonk, Chairman and CEO, was formerly President and CEO of Randstad North America, a subsidiary of the world’s third largest staffing services provider. He started Randstad’s North American operations and built a $1.5 billion organization in six years.

 



STATUS

Frontenac led a $30 million private financing in 2003, when the company was publicly traded

Driven by revenue and profit growth, stock price appreciated four-fold prior to our exit in 2005

Subsequently acquired by TriNet Group, 2009


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