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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.
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.
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