Based in Bradenton, Florida, Nelco is one of the oldest professional employer organizations in the country. The company, which provides payroll, benefits, workers’ compensation, and online technology products and services, was founded 24 years ago by Virginia (“Ginny”) Dorris. Prior to being purchased by CoAdvantage, Nelco was one of the top 25 PEOs in the country, the 68th largest privately held business in Florida and on the Florida 200 list.

has been sold to

The undersigned acted as the exclusive financial advisor to Nelco for this transaction.

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Client Testimonials

"Hyde Park’s team guided us through the process, providing us with a number of high quality counter-parties, and supported us through the transaction structuring, negotiation and due diligence. We are very pleased with the outcome and excited for the future of DTS.”
Allen Ibaugh, Co-Founder and CEO of Data Transfer Solutions
“We enjoyed working with Hyde Park Capital and appreciated their M&A expertise in the technology services sector and their help on this important transaction.”
Chris Toepke, CEO of Trifecta
“We very much appreciated the assistance of Hyde Park Capital on this strategic acquisition for ITE. Their M&A experience was quite helpful to our team and the overall process and assured the deal was well executed and we got it closed on schedule.”
Scott Dols, CEO of Industrial Truck & Equipment, LLC