Vancouver-based Bench, a prominent accounting startup that abruptly shut down last week, has been acquired by San Francisco’s Employer.com. The deal, with an undisclosed price, aims to revive the platform and address disruptions for 12,000 small business customers ahead of tax season.
Employer.com plans to relaunch Bench soon, offering clients options to continue services or transfer data elsewhere. Many of Bench’s 600 former employees may be recalled, as the HR tech firm integrates its new acquisition. Employer.com CEO Jesse Tinsley called the move part of a broader HR-focused strategy. Customers now await a smoother transition under new ownership.
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