Progress: A Seamless M&A Transition Under Pressure

Pebl enables Progress to successfully onboard 32 employees in Costa Rica in four weeks without legal hurdles, enhancing their global growth strategy.

At a glance

• 32 employees onboarded in 4 weeks.
• 26 new hires post-acquisition.

Overview

Progress Software, a leader in application development and deployment, needed to expand their presence in Costa Rica following an acquisition. Without a legal entity in the country, they faced challenges in retaining and growing a talented workforce.

Challenge

Following the acquisition of the ShareFile business unit, Progress Software inherited a team in Costa Rica. However, lacking a legal entity in the country posed significant challenges in managing employment legally and efficiently. The stakes were high as this team was crucial for strategic growth, yet the timeline for integration was tight.

Solution

Pebl’s Employer of Record (EOR) service delivered the legal framework and local expertise to hire and manage in Costa Rica, letting Progress focus on strategic growth – not compliance and admin. In a short timeframe, Pebl handled probation rules, work-from-home allowances, offboarding, and a transportation reimbursement policy, ensuring employees received the right docs, benefits, and payroll on time.

Outcome

In just four weeks, Progress Software successfully onboarded 58 employees, including 20 new hires, ensuring smooth operations in Costa Rica. The swift and smooth transition not only met business needs but also enhanced employee trust and satisfaction during a time of significant change.