Owner Resource Group Recapitalizes SURESTAFF

November 2, 2020

Owner Resource Group (through ORG Opportunity Fund III, LP) made a recapitalization investment in SURESTAFF, LLC, a light-industrial staffing provider headquartered in Itasca, Illinois. The company's founder-operators Ray Morelli, Dave Mehr and Doug Howard remain on the executive team while Timothy Faber joins as CEO; the capital will fund geographic expansion, technology and people investments, and position SURESTAFF for future acquisitions.

Buyers
Owner Resource Group, ORG Opportunity Fund III, LP
Targets
SURESTAFF, LLC
Sellers
Ray Morelli, Dave Mehr, Doug Howard
Industry
Staffing & HR
Location
Illinois, United States
Transaction Type
Recapitalization

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