Novacare Employee Services, Inc. - NCES- Profile

NovaCare Employee Services, Inc. provides professional services in human resource issues, including payroll management, risk management, benefits administration, unemployment services, temporary staffing and human resource consulting services. The company became publicly held in Novemeber 1997. The company acquired Pay America, Inc. and Payday Professional Employer in fiscal 1999. During the fiscal year 2000, the company signed a definitive agreement to sell the company to an investment group comprised of Patricof & Co. Ventures Inc., Fidelity Ventures Limited and AFLAC INcorporated.