WOODBURY, N.Y., Jan. 25, 2011 /PRNewswire/ -- Valiant finalizes its acquisition of Payroll Computing Services. PCS has been a leading provider of payroll & consulting services to the hospitality & restaurant industry for over 25 years. PCS has been a licensee of Valiant for 10 years and services over 1,000 companies throughout the United States. This acquisition reinforces Valiant's strategic commitment to expand market share on the Valiant platform of web-based Workforce Management Products (WFMP).
Anthony Petraco, Chief Executive of Valiant stated, "I believe this acquisition will provide Valiant with a significant opportunity to expand its presence and market share in the hospitality vertical. The combination of Valiant's market leading web-based WFMP and PCS' industry recognition, expertise and customer service commitment provides a competitive uniqueness to achieve our stated objective".
"I am excited to join the Valiant organization", said Michael Busch, President and Chief Executive of PCS. He further stated, "In my role as President of Payroll Operations for Valiant, I look forward to leveraging the PCS payroll expertise in the restaurant marketplace with the existing vertical markets served by Valiant."
About Payroll Computing Services
Established in 1986, PCS is a payroll service provider dedicated to meeting the highly specialized and complex payroll needs of the restaurant and catering industries. PCS serves a broad spectrum of restaurants and catering facilities, from local establishments to world renowned five star establishments, such as, top chef/owners including Bobby Flay, Tom Colicchio and Jean George Vongerichten, well as, some of the most well known restaurant brands including Nobu, Tao, Carmine's, BLT and Bond 45.
About Valiant
Founded in 1993, Valiant is a privately owned workforce management solutions provider. Valiant supplies comprehensive time & attendance, scheduling, payroll, HR and business process outsourcing solutions to more than 2,000 clients doing business in a wide range of markets and industries. Valiant's payroll processing exceeds $5 billion per year and its facilities and services exceed stringent audit and quality standards, including SAS70 Type II. Valiant solutions empower organizations to reduce operating costs, increase efficiency and streamline operations.
Jeff DiDomenico |
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VP of Marketing |
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(516) 390-1122 |
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SOURCE Valiant
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