Honkamp Payroll LLC, a payroll and human capital management company headquartered in Dubuque, Iowa, acquired Smart-HR on Oct. 1.
Smart-HR is a full-service payroll and human capital management company based in Rochester, Minnesota. Honkamp Payroll will retain Smart-HR’s team, including owners Josh Haynes and Joel Goodew. The team will continue operating in Rochester.
“This acquisition will allow the Honkamp Payroll team to broaden its range of services and market area,” said Mike Welbes, CEO of Honkamp Payroll. “With the addition of Smart-HR’s expertise and resources, Honkamp Payroll will offer even more comprehensive solutions to clients.”
Welbes said the acquisition expands Honkamp Payroll’s employee base and enhances the company’s capabilities.
Honkamp Payroll provides payroll and human capital management services to clients across a range of industries and geographic locations. In addition to its headquarters, the company has offices in North Liberty, Iowa, and Rochester, Minnesota.
