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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