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DecisionHR Expands Midwest Reach With Paymasters Acquisition

DecisionHR Expands Midwest Reach With Paymasters Acquisition

St. Petersburg-based DecisionHR has acquired Minnesota’s Paymasters, Inc., a strategic move designed to bolster the firm’s professional employer organization services across the Upper Midwest. The deal marks a major step in the private equity-backed company’s ongoing efforts to scale its human resources outsourcing platform nationwide.

The acquisition unites DecisionHR, a portfolio company of Coalesce Capital, with a firm recognized for its service footprint in the Midwest. CEO Peter Newman noted that the cultural and operational alignment between the two organizations made the integration a natural progression for their business model. By absorbing Paymasters, DecisionHR intends to leverage shared resources to provide more robust payroll, benefits, and HR infrastructure to its base of small- and mid-sized business clients.

This transaction fits into a broader growth strategy for DecisionHR, which focuses on deepening its regional market share through targeted acquisitions. Coalesce Capital, which manages over $1.8 billion in assets, continues to prioritize human capital-driven services as a primary investment vehicle. For the combined entity, the focus remains on streamlining workforce operations for clients while seeking further opportunities to expand their geographic presence across the United States.

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