NEBS Buys an Interest in Payroll Firm

GROTON, MA—New England Business Service (NEBS) has entered into a strategic alliance with Advantage Business Services Holdings, reportedly the fifth largest payroll processing company in the U.S. Under the agreement, NEBS will market payroll services to small businesses throughout the United States, and Advan- tage will provide the fulfillment of these services. As part of this alliance, NEBS has acquired a minority equity interest in Advantage.