NEBS to Market Advantage Payroll Services

Share this content:
Advantage Business Services Holdings Inc. yesterday said it entered a partnership with business-to-business direct marketer New England Business Services Inc. whereby NEBS will market Advantage Payroll Services through its various vehicles. The terms were not disclosed.


Additionally, NEBS, Groton, MA, said it acquired a 10 percent stake in the Auburn, ME, payroll services company for $13 million in cash and obtained incentive-based warrants to potentially double that position during the next five years. APS said it is one of the five largest payroll service providers in the country, with 25,000 clients in 26 states.


NEBS, which primarily markets printed business forms, office supplies and similar products for small businesses through catalogs and other means, said it has tested offering payroll services in the past. The alliance is one of several the company has made in recent months to offer more services to its 2.5 million-member customer database. Other third-party services the company recently began offering include online accounting and Web-site creation.
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above