FOR IMMEDIATE RELEASE Corporate Contacts:
February 29, 2016
Loni Dow, Marketing Coordinator
Marco Work: 320.259.3000 x3104
Patty Funk, Marketing Manager
MARCO NAMED WINNER OF THE 2016 BOLD AWARDS
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.
Marco was founded in 1973 and serves customers nationally with offices in Minnesota, Illinois, Iowa, Missouri, Nebraska, North Dakota, South Dakota and Wisconsin. Marco specializes in copiers/printers, business IT services, cloud services, managed services, telecom carrier services, phone systems, document management and audio/video systems. Learn more at marconet.com.
About the Association for Corporate Growth
Founded in 1954, ACG has 57 chapters across the globe. The network consists of over 90,000 professionals. ACG Minnesota’s chapter began in 1966 and has nearly 500 members active in Minnesota’s vibrant, business community. ACG’s mission is to drive middle-market growth. www.acg.org/minnesota