TRINET ACQUIRES COCOON

NAPEO member TriNet has acquired Cocoon, a market leader in leave management technology. The acquisition expands TriNet’s leave management portfolio, delivering a robust suite of compliance-first solutions and AI-enabled workflows to its clients and their employees, including advanced automated processes, real-time leave tracking, integrated claims filing and streamlined payroll calculations. “I am delighted to officially welcome Cocoon’s talented team and valued clients to TriNet,” said Mike Simonds, president and CEO of TriNet. “Our clients have consistently expressed the need for help managing employee leaves. Cocoon’s robust and intuitive compliance-driven product will improve both the employer and employee experience.”