ValeU Group, Inc, a private New
York company specializing in State Unemployment Cost
Control, Verification of Employment, and Unclaimed Property Asset
Recovery completed a total stock acquisition of Walton Management,
Inc. and Quentelle LLC, its technology-based subsidiary in an all
cash deal for an undisclosed amount.
FLORAL
PARK, N.Y., March 28,
2024 /PRNewswire-PRWeb/ -- The acquisition solidifies
ValeU Group as one of the premier firms in the nation offering
Fortune 500 companies and smaller firms, a multitude of
hire-to-separation processing services including SUI Claims
Management, Verification of Employment, and Work Opportunity Tax
Credits: in addition to generating increased ROI for its clients
through its SUI Tax Consulting and Unclaimed Property Refund
Recovery services.
"After partnering with Walton Management
for over 20 years, this acquisition is a natural progression and
will seamlessly carry on the legacy of delivering expert consulting
and technology solutions for many years to come - The sky is the
limit!" – Jared Vale, Valeu Group
President & CEO.
Jared Vale, President and CEO of
ValeU Group said: "After partnering with Walton Management for over
20 years, this acquisition is a natural progression and will
seamlessly carry on the legacy of delivering expert consulting and
technology solutions for many years to come - The sky is the
limit!"
Joe Franzetti, ValeU Group EVP
and Partner added: "Rarely are two companies more aligned in
philosophy and practice than we are. This is an incredible
opportunity for our employees and our clients, who can now
consolidate their data and service lines under one company and one
overall point of contact."
Michael McConnell, President of
Walton said: " Having worked with Jared as a business partner over
the last several years, I have always been impressed with his
passion and dedication to the success of his business and
employees. I am excited to see what the future holds for both
businesses under new ownership."
Brian Devido, Walton Vice President of Business Development
added: "The rich history between our firms dates back many years
and we are thrilled to now be part of the ValeU Group team. Our
core values remain aligned as well; save clients the most money
while alleviating burdens associated with these programs."
ValeU and Walton's Long History Together
Walton and ValeU Group's relationship dates back over 20 years.
In 2018, ValeU and Walton entered a joint venture to create
VeriSafeJobs, LLC, a groundbreaking and innovative Verification of
Employment Platform, which focused on keeping their client's data
private, while responding to lending institutions and government
agencies with requested employment and income verification. They
carry on a long tradition of superb client service and skilled
processing, while continually generating hard dollar savings for
clients.
About ValeU Group, Inc.:
Headquartered in Floral Park,
NY, ValeU Group is a full-service consulting firm
specializing in Unemployment cost reduction and claims processing,
refund retrieval, and employment verification for Fortune 500
companies and smaller firms. Complementing its expert consultancy,
ValeU Group utilizes state-of-the-art technology to enhance HR
departments' efficiency and compliance, while also delivering
hard-dollar savings. With a team of industry experts averaging 25+
years of client service experience, ValeU Group is dedicated to
managing the entire scope of work and regularly reporting on
hard-dollar savings results. For more information, visit
www.valeugroup.com.
About Walton Management Services, Inc.:
Headquartered in Middletown, New
Jersey, with staff worldwide, Walton has been a leading
provider of point-of-hire tax credits and incentives. For over
forty years owner and founder Fred
Stiftel was a pioneer in the tax credit business and a
mentor to many for decades. Today, Walton leverages the most
advanced technology platform proven to automate point-of-hire tax
credits and incentives leveraging robust partner integrations as
well as a single data source. Walton partners and integrates with a
"best-in-class" ecosystem, known to deliver a simple user
experience. For more information, visit www.waltonmgt.com.
About Quentelle, LLC:
Walton's wholly owned subsidiary Quentelle LLC is a technology
driven and artificial intelligence company, that allows third-party
developers and their applications to deliver state-of-the-art
access to information as part of their applications. Quentelle is
the developer of Foresite™, a nationally recognized SaaS
application that provides Fortune 500 and mid-sized companies
insight into the needs of their employees, as well as outside
entities and government agencies. For more information, visit
www.quentelle.com.
Media Contact
Joe Franzetti, Valeu Group, 1
347-554-2474, jfranzetti@valeugroup.com, www.valeugroup.com
Brian DeVido, Walton Management
Services, Inc., 1 732-660-4244, brian.devido@waltonmgt.com,
www.waltonmgt.com
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SOURCE Valeu Group