FOR IMMEDIATE RELEASE
Coastal Payroll to Acquire Paystar Payroll As Part of Statewide Expansion
Shared focus on superior customer care will provide expanded services to Coastal and Paystar clients
SAN DIEGO, California (February 27, 2020) – Coastal Payroll, the largest independent payroll company in southern California, will now offer its full suite of payroll services and more to an even larger number of customers by acquiring Bay Area-based Paystar Payroll. The new acquisition, announced today, will allow Coastal to expand its presence to northern California. The San Diego-based company currently serves over one thousand clients nationwide.
“Coastal Payroll started with just two friends and an idea, growing to 90 employees in 12 years—and I am thrilled to announce this exciting new step for our company’s development,” said Jonathan Gallagher, CEO of Coastal Payroll. “Our success so far would not have been possible without the work of the amazing Coastal team, and I can’t wait to get to work with all of them on this next phase. Paystar is an outstanding company that shares our focus on providing warm, supportive, world-class payroll and HR services to businesses. With our forces combined, we can bring the ‘human’ back to human resources across California and the entire U.S.”
Paystar Payroll has provided exemplary payroll services to clients in the San Francisco Bay Area and beyond since 1994. While they have worked with companies of every size, they focus specifically on customized solutions for small to mid-sized businesses.
This acquisition is part of Coastal’s strategic growth plan focusing on expansion into the northern California market, enabling the company to bring its unique, personalized brand of payroll and benefits services to businesses nationwide. Clients can continue to expect the same level of committed customer care, with no interruptions in services, throughout the entire process. Coastal will acquire Paystar Payroll over the coming months, with a goal of full integration this summer, after which clients may notice a number of improvements and additional services.
Coastal, which consistently ranks on the Inc. 5000 list and was named as one of San Diego’s 100 Fastest Growing Private Companies by the San Diego Business Journal, recently enjoyed another banner year of growth, with $11 million in revenue. The company also recently formed a Strategic Alliance Team and hired four new payroll specialists to help support the firm’s sales staff as the company expands.
“We’re proud to be a San Diego success story,” said Craig Coleman, President of Coastal Payroll. “Coastal’s people never rest until our customers’ needs are met, and that ethos is what has made us the preferred Human Capital Management service provider for over 2500 clients. We’re still not resting. Forming an alliance with the incredible team at Paystar will allow us to be a local partner with the capabilities of a national provider for companies all over America.”
To learn more about Coastal Payroll, please visit: https://coastalpayroll.com/
To learn more about Paystar, please visit: https://www.paystarpayroll.net/
About Coastal Payroll
Coastal Payroll launched in 2007, as the local, human alternative to national payroll and workforce management providers, offering world-class service to our clients. We provide a full range of Human Resource Management services to thousands nationwide. As our services and locations expand, one thing will always remain – our personal touch to workforce management. www.coastalpayroll.com