May 23, 2011
MSouth Announces the Successful Exit of EmployBridge Holding Company
Atlanta, GA (May 23, 2011) – MSouth Equity Partners, an Atlanta-based private equity firm, announced the sale of EmployBridge Holding Company, a leading provider of outsourced human resource and specialty-branded temporary staffing services in the United States.
“Tom Bickes and his team at EmployBridge have done an outstanding job of building this company over the years, achieving industry-leading financial results” said Mike Long, an MSouth Partner. “We are pleased with this transaction and the gain that it generated for our MSouth investors.”
EmployBridge operates primarily under the ResourceMFG, ProLogistix and ProDrivers brands, providing skilled personnel to three specific industry segments: specialty manufacturing, warehousing/logistics and transportation. Headquartered in Atlanta, EmployBridge operates in 30 states through 146 branch and on-site locations.
MSouth Equity Partners is a private equity investment firm that provides equity capital and expertise to support management teams in acquisitions and recapitalizations of lower middle market companies typically valued $25 - $125 million. Based in Atlanta, Georgia, MSouth invests primarily in the South with a consistent focus on management buyouts of business services, distribution and specialty manufacturing companies. MSouth is a successor to Cravey, Green & Wahlen, Inc. which was founded in 1984.