AlphaStaff Group Inc., a professional employer organization, has agreed to acquire Selective HR Solutions Inc. from an insurance distributor.
Selective HR is a PEO subsidiary of Selective Insurance Group Inc., Sarasota, Fla. (NASDAQ:SIGI), according to AlphaStaff, Fort Lauderdale, Fla.
AlphaStaff is not announcing the cost of the deal, but it says it hopes to complete the deal around Jan. 1, 2010.