 Historical Timeline |
Over 20 years of Success
1988 TriNet founded by Martin Babinec in San Leandro, California with "friends and family" money.
1995 TriNet first places in INC. Magazine's list of fastest-growing privately held U.S-based companies.
TriNet conducts its first online benefits enrollment.
TriNet receives its accreditation from ESAC, the nationally recognized entity that sets financial, responsibility standards and certification standards for HR service firms. TriNet has been recertified every year since 1995.
1997 TriNet signs its first Canadian-based customer.
1999 TriNet joins the INC. 500 Hall of Fame, an honor bestowed by the magazine for five consecutive years of rapid growth as a privately held company.
2000 TriNet launches HR Passport™, its secure online portal for self-directed manager and employee HR and payroll related transactions.
2002 TriNet moves to its new, larger corporate office location in San Leandro as a result of its rapid employee growth.
TriNet acquires assets of Boston-based outsourcer HR Logic and adds 62 new customers.
2003 TriNet completes its acquisition of the E3 Group in Texas and continues to expand its business operations.
TriNet acquires the west coast assets of ALTRES, a Hawaii-based PEO, and transitions over 60 new customers to its service platform.
2005 TriNet secures an equity investment from General Atlantic, LLC, one of the world's leading private equity investment firms with over $17 billion under management.
2006 TriNet acquires the Outsource Group based in Walnut Creek, California and brings aboard 200 new customers.
2007 TriNet acquires John Parry & Alexander (JPA), an HR outsourcing and consulting services company based in Walnut Creek, California, and adds over 20 new customers.
2008 TriNet celebrates its 20th anniversary.
TriNet acquires Denver-based LMC Resources, Inc., and strategically expands its presence in the growing Colorado market.
TriNet announces its 2nd CEO in 20 years. Burton M. Goldfield joins the company to take its growth to the next level.