TriNet Announces Sale of its Subsidiary Clarus R+D to Arvo Tech

Core Insights - TriNet has completed the sale of its subsidiary, TriNet Clarus R+D, to Arvo Tech, enhancing Arvo's capabilities in tax strategy solutions for small and medium-sized businesses (SMBs) [1][2][3] Company Strategy - The divestiture aligns with TriNet's strategy to focus on high-value HR solutions for SMBs, allowing TriNet Clarus R+D to thrive under Arvo Tech's dedicated tax solutions framework [2][3] Market Position - The acquisition strengthens Arvo Tech's market position as a leader in tax credit programs, leveraging technology to improve access for taxpayers [3][5] - Arvo Tech aims to accelerate its mission of providing tax strategy solutions for SMBs through this acquisition [3] Transition and Support - TriNet customers will continue to access R&D tax credit solutions through a five-year agreement with Arvo Tech, ensuring a smooth transition [3]