SOURCE: JPB Enterprises Inc.

JPB Enterprises Inc.

March 03, 2009 09:03 ET

JPB Enterprises, Inc. Announces Controlling Interest in The HR Team, Inc.

COLUMBIA, MD--(Marketwire - March 3, 2009) - The Board of Directors of JPB Enterprises, Inc. ("JPBE"), a privately owned holding company focused on business outsourcing services, investment banking and consulting services, private equity, and real estate development and related services, announced today the acquisition of a controlling interest in The HR Team, Inc., a premier provider of outsourced Human Resources consulting services in the Baltimore-Washington corridor.

Based in Columbia, MD, The HR Team's range of services to small and medium-sized businesses includes employee handbooks, recruitment and retention strategies, HR audits, benefits administration, performance management and compensation systems, management training, compliance with employment laws, formation and recruitment of Boards of Advisors and Directors and much more. The HR Team customizes its services to comfortably fit each business client, thereby providing all the benefits of an in-house HR department without the associated costs.

"The HR Team is the 'one source alternative' to maintaining an in-house human resources department. The company delivers an innovative, cost-effective approach that gives businesses a real competitive edge: more time to achieve business goals, and increased profitability," remarked J.P. Bolduc, President and CEO of JPBE. "We're delighted to have the professionals of The HR Team join us in providing another range of superior services to our clients."

"JPBE brings an understanding of The HR Team's business environment and an appreciation for the enormous potential of our service solutions," said Eileen Levitt, President of The HR Team. "They are making an investment in the brand we have developed and see us poised for rapid profitable growth. It's my firm belief that JPB Enterprises will significantly enhance our ability to continue implementing our original vision for developing a world-class HR consulting company. The leadership and employees of the company will remain intact along with the key components that have been integral to our success for the past 13 years, such as operational excellence and unparalleled customer services," added Levitt.

For more information on The HR Team, visit www.thehrteam.com. Visit www.jpbe.com for information on JPB Enterprises, Inc.

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