On the Record · Trinet Group
Trinet Group acquisitions, on the record
The businesses Trinet Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
ZenefitsWord for word“On February 15, 2022, the Company acquired all of the outstanding equity of Zenefits, a leading cloud HR platform which provides innovative and intuitive HR, benefits, payroll and employee engagement software purpose-built for small and medium-size businesses.” 10-K for 2023 | acquisition | On February 15, 2022 | — |
Clarus R+DWord for word“On September 1, 2022, the Company acquired all of the shares outstanding of Clarus R+D, a provider of technology enabled tax expertise and services to SMBs claiming state and federal R&D tax credits.” 10-K for 2023 | acquisition | On September 1, 2022 | — |
ClarusWord for word“As a result of the sale of our wholly owned subsidiary Clarus, we generated approximately $ 9 million of capital loss carryforwards totaling $ 12 million which will begin to expire in 2027.” 10-K for 2025 | divestiture | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $15 million | — | — |
| 2017-12-31 | $0 | — | — |
| 2018-12-31 | $258 million | — | — |
| 2019-12-31 | — | — | $0 |
| 2020-12-31 | $12 million | — | $5 million |
| 2021-12-31 | $0 | — | $0 |
| 2022-12-31 | $229 million | — | $168 million |
| 2023-12-31 | $0 | $0 | $0 |
| 2024-12-31 | $0 | $0 | $1 million |
| 2025-12-31 | — | $1 million | — |
Deal filings since 2016
- 2023-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Trinet Group’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.