Marco is excited to announce that it is the recipient of the 2016 BOLD Award in the Middle Market Category, presented by the Minnesota Chapter of the Association for Corporate Growth® (ACG). The program celebrates the corporate leaders and teams that are behind successful mergers and acquisitions, financing and extraordinary strategies that led to sustainability, remarkable performance and/or accelerated growth in 2015. All nominations were reviewed, ranked and awarded by a peer panel of judges representing the middle market community. Judges included corporate executives, service professionals and entrepreneurs.
Marco’s BOLD Move: In October 2015, Marco was sold to Norwest Equity Partners (NEP), a leading Minnesota equity investment firm. Marco was an employee-owned company through an Employee Stock Ownership Plan (ESOP) for almost 30 years. This transaction created a significant realization of retirement assets for its ESOP participants. Following the transaction, the company remains as Marco, a privately-held company and all employees retained their jobs.
Marco accepted the BOLD Award on Tuesday, February 23 at the Metropolitan Ballroom in Golden Valley. Each finalist was featured at the event in a video vignette with interviews and testimonials showcasing their efforts and successes.