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NEWS - ADP Signs Definitive Agreement to Acquire the HR Solutions Subsidiary of SHPS

March 8, 2012 – Rosland, NJ – ADP®, a leading provider of human resource outsourcing, payroll services, tax and compliance services, benefits administration and integrated computing solutions for vehicle dealers, today announced that it has entered into a definitive agreement to acquire the human resource solutions subsidiary of SHPS, a highly respected provider of benefits administration services.

Based in Louisville, Ky., SHPS Human Resource Solutions offers a robust human resources portfolio that includes benefits eligibility and enrollment, spending accounts, COBRA, absence management, benefits advocacy, and print and fulfillment, and is a natural complement to ADP’s already strong benefits solutions and services.

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