{"id":822647,"date":"2025-03-06T09:56:45","date_gmt":"2025-03-06T14:56:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/trinet-announces-sale-of-its-subsidiary-clarus-rd-to-arvo-tech\/"},"modified":"2025-03-06T09:56:45","modified_gmt":"2025-03-06T14:56:45","slug":"trinet-announces-sale-of-its-subsidiary-clarus-rd-to-arvo-tech","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/trinet-announces-sale-of-its-subsidiary-clarus-rd-to-arvo-tech\/","title":{"rendered":"TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech"},"content":{"rendered":"
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\n DUBLIN, Calif.<\/span> and COLUMBUS, Ohio<\/span><\/span>, March 6, 2025<\/span><\/span> \/PRNewswire\/ — TriNet<\/a>\u00a0(NYSE: TNET),\u00a0a leading provider of comprehensive human resources\u00a0solutions\u00a0for small and medium-size businesses (SMBs),\u00a0today announced the completion of the sale of its wholly owned subsidiary, TriNet Clarus R+D to\u00a0Arvo Tech<\/a>, creator of the tax strategy solution for small businesses. Effective today, TriNet Clarus R+D’s expert tax team, service model, and proprietary software for evaluating and preparing R&D tax credits for SMB customers are now a part of Arvo Tech. Terms of the deal were not disclosed.<\/p>\n

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TriNet is divesting this business as part of its strategy to narrow its focus to high-value HR Solutions in the SMB market. Recognizing the dynamic nature of tax credits and the significant opportunities they present for SMBs, this move will allow the Clarus business to thrive within an organization dedicated to tax solutions, including managing a tax credit portfolio.\u00a0<\/p>\n

The acquisition strengthens Arvo Tech’s position in the marketplace as a leader in delivering value to customers through tax credit programs, using technology to increase access for more taxpayers. “Acquiring TriNet Clarus R+D accelerates our mission of providing tax strategy solutions for SMBs,” Arvo Tech President and Co-Founder, Terracina Maxwell<\/span>, said. “We’re celebrating this huge value-add for our clients.”\u00a0<\/p>\n

TriNet Executive Vice President, Strategy, Products and Transformation, Jay Venkat<\/span>, said, “We are proud of what we have accomplished together, and the tax credit solutions provided to our SMB customers. We believe the Clarus team will have the opportunity to grow and thrive in new and exciting ways while continuing to provide outstanding tax solutions to SMBs.”\u00a0<\/p>\n

As part of the transaction and to ensure a seamless transition, TriNet customers will continue to have access to R&D tax credit solutions through a five-year agreement with Arvo Tech.<\/p>\n

\n About TriNet<\/b>
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TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service industry-specific HR solutions, providing both professional employer organization (PEO) and human resources information system (HRIS) services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, and payroll services, all enabled by industry-leading technology. TriNet’s suite of products also includes\u202fservices and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters\u202fmost\u2014growing their business and enabling their people. For more information, visit\u202fTriNet.com<\/a>\u202for follow us on LinkedIn<\/a>, Instagram<\/a>\u00a0and Facebook<\/a>.\u202f\u00a0<\/p>\n

\n About Arvo Tech<\/b>\u00a0
Arvo Tech is the creator of the tax strategy solution that helps small businesses make confident financial decisions. Founded by tax experts and backed by proprietary technology, Arvo is the only holistic approach that brings together the ability to develop and document a tax strategy with tax credit management. By delivering actionable insights and simplifying tax processes, Arvo Tech saves companies time and money \u2013 while helping them maximize their financial future. To learn more, visit https:\/\/arvotech.com\/<\/a>.<\/p>\n

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\n Josh.Gross@TriNet.com\u00a0<\/a>
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TriNet and the\u00a0TriNet\u00a0logo are registered trademarks of TriNet. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/trinet-announces-sale-of-its-subsidiary-clarus-rd-to-arvo-tech-302394452.html<\/a><\/p>\n

SOURCE TriNet Group, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire DUBLIN, Calif. and COLUMBUS, Ohio, March 6, 2025 \/PRNewswire\/ — TriNet\u00a0(NYSE: TNET),\u00a0a leading provider of comprehensive human resources\u00a0solutions\u00a0for small and medium-size businesses (SMBs),\u00a0today announced the completion of the sale of its wholly owned subsidiary, TriNet Clarus R+D to\u00a0Arvo Tech, creator of the tax strategy solution for small businesses. Effective today, TriNet Clarus R+D’s expert tax team, service model, and proprietary software for evaluating and preparing R&D tax credits for SMB customers are now a part of Arvo Tech. Terms of the deal were not disclosed. TriNet is divesting this business as part of its strategy to narrow its focus to high-value HR Solutions in the SMB market. Recognizing the dynamic nature of tax credits and the significant opportunities … <\/p>\n

Continue reading “TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-822647","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trinet-announces-sale-of-its-subsidiary-clarus-rd-to-arvo-tech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DUBLIN, Calif. and COLUMBUS, Ohio, March 6, 2025 \/PRNewswire\/ — TriNet\u00a0(NYSE: TNET),\u00a0a leading provider of comprehensive human resources\u00a0solutions\u00a0for small and medium-size businesses (SMBs),\u00a0today announced the completion of the sale of its wholly owned subsidiary, TriNet Clarus R+D to\u00a0Arvo Tech, creator of the tax strategy solution for small businesses. Effective today, TriNet Clarus R+D’s expert tax team, service model, and proprietary software for evaluating and preparing R&D tax credits for SMB customers are now a part of Arvo Tech. Terms of the deal were not disclosed. TriNet is divesting this business as part of its strategy to narrow its focus to high-value HR Solutions in the SMB market. 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