Debevoise & Plimpton LLP is advising CoAdvantage Corporation, a portfolio company of Morgan Stanley Private Equity, on its acquisition of Progressive Employer Management Company.

CoAdvantage is a leading national professional employer organization (PEO), providing strategic human resource solutions for small to mid-sized companies. PEMCO is one of the country’s largest private PEOs with a strong market position in Florida. The combination of the two companies will unite two market leaders in serving more than 85,000 worksite employees.

The Debevoise team is led by partner Michael A. Diz and includes partners Rafael Kariyev, Meir D. Katz and Scott B. Selinger and associates Erik J. Andrén, Emily F. Huang, Tigist Kassahun, Samuel D. Krawiecz, Molly D. Quinn, Ted Shen and Zahra J. Khosrovi Sowder.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.