Pacel Corporation Raises $250,000 More for Acquisitions

Pacel Corporation, a provider of professional employment services, has raised another $250,000 for use as part of its acquisition and merger strategy.

The investment comes from Compass Capital Group, which had already provided $2.25 million to Pacel.

“With the additional funds that Compass Capital Group has provided, we are very close to closing a major acquisition,” said David Calkins, chairman of the board for Pacel. “With the additional funds that Compass Capital Group has provided, we are very close to closing a major acquisition.”