Louisville, KY – September 14, 2017 – Malone Workforce Solutions announced this week that it has completed the purchase of AllStaff (formerly Select Staffing of Illinois) and its subsidiaries. AllStaff is headquartered in Schaumburg, IL.
“We are excited to purchase such a solid staffing business with excellent talent and look forward to growing our business nationally with this addition,” said Malone co-owner Terry Malone. “Malone is performing well and this acquisition will only improve the geographic footprint and overall health of our company.” Malone has a stated focus to grow in the U.S. and previously acquired OmniSource staffing in March of this year.
Malone Workforce Solutions began as an employee recruiting firm in Louisville, Kentucky in 1969. Founded by Joe Malone as Falls City Placement, Malone now stands as the oldest recruiting company based out of Kentucky. When his sons joined in the ’90s, they expanded the company into multiple divisions to offer a full suite of workforce solutions to their clients. Malone takes pride in making positive changes for their clients’ businesses and employees’ lives. Louisville will remain the headquarters for Malone and AllStaff will continue to operate with its current leadership and locations that it has in place today. “We are very excited about the clients and employees of AllStaff and want them to successfully continue to operate as they are today”, states Terry Malone.
“Malone and AllStaff share the same vision, values, and dedication to customer service and employee support,” said Tim Malone, Co-owner of Malone Solutions. “The addition of AllStaff will almost double Malone Workforce Solutions to an estimated annual revenue over $330 million”.
The addition of AllStaff will increase Malone locations to 71 offices and servicing clients in over 40 states.