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New Deal


Announced

Completed

Malone completed acquisition of Matthews Aviation Staffing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Outsourced HR and Staffing

recruitment

Completed

Friendly

United States

Private

Majority

contract labor

aviation personnel

Single Bidder

Acquisition

Synopsis

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Malone Workforce Solutions, a staffing and recruiting company, completed the acquisition of Matthews Aviation Staffing, a provider of contract labor for manpower sourcing in the aviation industry, and its subsidiaries. Financial terms were not disclosed. This entity will be a joint venture between Malone Workforce Solutions and its woman-owned Professional Staffing services entity, which is owned by Denise Malone. “Matthews Aviation has a very good reputation in the aviation industry and its founder Jerry Matthews shares the same vision, values, and dedication to customer service and employee support as Malone Workforce Solutions does. The addition of Matthews Aviation will add over 250 employees to the Malone payroll, and will bring the total Malone annual revenue to over $330m,” Tim Malone, Malone Co-Owner.

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