ArkMalibu Advises Morales Group on Recapitalization of Morales Group, Inc.
Friday, February 7th, 2020 Morales Group, Inc. (“MGI”) is pleased to announce the Company transaction that will allow MGI to continue its market-leading organic and inorganic growth nationally while transitioning ownership to the existing management over the next few years.
Morales Group, Inc. is a nationally recognized, Indianapolis based certified Minority Business Enterprise (“MBE”) multi-service staffing company with ten offices across the country. MGI’s family of services includes temporary staffing, temp-to-hire, direct-hire, seasonal, bilingual, workforce development, and a performance-based solution custom-designed for clients to deliver measurable results for a wide array of clients. The unique spirit and ability of its globally diverse workforce enhance their clients’ business agility, productivity, and competitiveness.
Tom Morales, Founder, and Executive Chairman said, “The Morales family is proud of the organization we have built over the last 17 years, especially the amazing culture of the company that partners with local communities to assist people through the journey of finding long-term career opportunities. Morales Group leadership is well-positioned and capitalized to continue growing and partnering with the communities we work in to make a positive difference. I look forward to the next phase of growth that will extend our reach and positively impact even more communities and families.”
ArkMalibu advised the Morales Group. Tom Morales said, “I enjoyed working with the entire ArkMalibu team on this important strategic project for the Morales Group. Their consistent senior support combined with the thorough analyses of our strategic alternatives led us to a path that best fits for the company and our family.”
Bose McKinney & Evans acted as legal advisors to the Morales Group.
About Morales Group
Founded in 2003, Morales Group, Inc (MGI) is a vibrant and passionate group of people delivering a different kind of staffing agency experience. Headquartered in Indianapolis, with additional offices in Columbus, Jeffersonville, Anderson, and Lafayette Indiana as well as in Louisville, Kentucky, Charlotte, North Carolina, and Dallas, Texas, the team has successfully placed more than 50,000 associates throughout the Midwest. It draws upon the unique spirit and ability of a globally diverse workforce to enhance its clients’ business agility and competitive edge in the marketplace.
It is proud to receive consistent industry recognition including being named an Inc. magazine 500|5000 Fastest Growing Private Company twice and earning Hispanic Business Magazine’s Top 100 Fastest Growing Hispanic-owned Companies in the U.S. seven times. It is especially proud to have been named one of Inc. magazine’s 2017 best workplaces. MGI is a certified Minority Business Enterprise (MBE) and a member of the American Staffing Association and Staffing Industry Analysts.
For more information, please visit https://moralesgroup.net
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