Care.com announced on Tuesday that it has acquired Breedlove & Associates, the largest provider of comprehensive household payroll, tax, and compliance services in the U.S., in a move that further solidifies the world’s largest online care destination as a one-stop-shop for senior care resources.
Terms of the transaction were not disclosed.
Stephanie and Bill Breedlove, the founders of the Austin, Tex-based company, will continue to operate the business as a subsidiary of Care.com.
Care.com’s services connect families with caregivers for a variety of situations, including senior care, childcare, special needs, and housekeeping. Breedlove & Associates provides families with payroll, tax, and compliance services for their caregivers and household employees. Adding these services to the Care.com network expands the company’s consumer and corporate offerings and positions it as the only online care destination to offer a payroll and tax platform that is this “broad and robust,” according to Care.com.
“Managing the myriad of care issues faced on a regular basis is challenging enough for families,” Sheila Lirio Marcelo, founder and CEO of Care.com, said in a statement. “Care.com aspires to be a one-stop-shop for all their care needs and services, to ease their stress and give them peace of mind. By offering Breedlove’s exceptional services, we’re adding more value to families and helping them take one more critically important item off their to-do list, while also supporting their caregivers.”
Breedlove & Associates currently serves more than 10,000 active clients and processes approximately $20 million in payroll per month for families.
Written by Alyssa Gerace
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