On January 13, Inova Payroll, a leading human resources capital (HCM) solutions provider, announced a merger with two payroll services companies. Both, St. Louis-based Integrated Payroll Services (IPS) and Rancho Cucamonga-based LinkHCM are among the premier payroll solutions providers in the U.S. The merger has positioned the combined enterprise to be among the top three privately-held payroll and HR solutions companies in the country. It now serves nearly 5,000 employers and employs 200,000 people.
Inova Payroll is known for its comprehensive range of HCM solutions for companies across the nation, with a focus on personalized service. Following the merger, Inova has now expanded its countrywide footprint to include Missouri and California, with offices spanning 11 locations and 9 states.
"I started this business ten years ago with the goal of creating a national payroll services company focused on high client satisfaction. Today, through the addition of these two excellent companies, Inova is among the top three independent payroll and HCM service providers in the country, offering our clients a full-suite of innovative human capital management solutions and services. This transaction combines three well-run and successful organizations into one national enterprise. Our values are aligned; our vision for the future is in synch. And, I am proud to lead this remarkably talented group of professionals to new heights."
- President and CEO of Inova Payroll, Farsheed Ferdowsi
"Merging IPS with Inova provides our customers with more access to superior customer service and scalable HCM solutions throughout the country. We look forward to helping our customers and associates grow with the availability of more solutions and services."
- Joe Schweppe, Co-Founder and President of IPS
"When I started my business 22 years ago, I was focused on building a payroll company known for its customer service, and that is our hallmark to this day. All of us at LinkHCM are excited to be a part of the Inova team dedicated to exceptional service and committed to employer success."
- Mike Demerjian, CEO of LinkHC