Calder Capital is pleased to announce the successful acquisition of Career Transitions of South Bend, Indiana, by Morales Group, headquartered in Indianapolis, Indiana.
Morales Group, comprised of companies including a staffing arm, professional recruitment services, and supply chain production solutions, was seeking a new talent acquisition partner to join its family of brands. Morales Group’s Vice President of M&A, Luke Morales engaged Calder Capital’s Buy-Side team to find the right partner through an off-market deal.
Since its founding in 1987, Career Transitions has been dedicated to delivering on-demand integrated workforce solutions with a commitment to business success. The company offers a range of services including talent acquisition, exempt contract staffing, outplacement, and career management services. With a focus on efficiency and success, Career Transitions provides retained, contingency, and contract staffing solutions to businesses looking to enhance their workforce.
Morales Group saw Career Transitions as a strategic addition to its portfolio. Of this acquisition, Morales Group CEO Seth Morales comments, “We are thrilled to welcome Brian Hulecki and the talented team from Career Transitions into the Morales Group family of brands. This acquisition aligns perfectly with our three-year growth plan and strengthens our ability to meet the evolving needs of our clients. With this acquisition, we can offer enhanced professional search capabilities and bring even more value to businesses in need of top-tier talent.”
Jeff Lacy, the owner of Career Transitions, sought to transition the business to new ownership while ensuring continuity and future growth. Lacy shared his thoughts on the transition, stating, “Building Career Transitions has been an incredibly rewarding experience. I am confident that Morales Group is the right fit to carry on our mission and continue providing outstanding service to our clients. Their expertise and values make them a perfect match for our business.”
Alex Flechsig, Hannah Nabhan, and Sam Scharich served as the Buy-Side M&A team to Morales Group. Calder’s Buy-Side team made 40 introductions and set up 17 serious meetings for Morales Group before going under a signed Letter of Intent with Career Transitions.
“Career Transitions has been a trusted name in workforce solutions for decades, and it was evident that the Morales Group was the ideal successor,” said Scharich. “This acquisition represents a seamless transition for employees, clients, and partners, ensuring ongoing success and innovation in the staffing industry.”
Morales Group had a clear vision for strategic growth, and Calder Capital played an instrumental role in making that vision a reality. “Working with Calder Capital, and specifically Alex, Sam, and Hannah, was a seamless and rewarding experience,” said Luke Morales. “From identifying the right target to guiding us through the complexities of the acquisition process, their expertise and commitment were invaluable. Their proactive approach and deep industry insights made all the difference in ensuring this acquisition aligned with our long-term goals.”
On the other side of the transaction, Jeff Lacy expressed his appreciation for Calder Capital’s professionalism and diligence throughout the process. “Selling a business is a significant milestone, and I couldn’t have asked for a better team to navigate this transition with,” Lacy shared. “the Calder Capital team was highly responsive, detail-oriented, and committed to ensuring a smooth process. Their expertise made all the difference in finding the right successor for Career Transitions, and I’m grateful for their support.”
Max Friar, Managing Partner of Calder Capital, reflected on the success of the transaction. “This acquisition is a testament to the power of strategic alignment and thoughtful execution,” Friar stated. “Morales Group and Career Transitions share a commitment to excellence in workforce solutions, and we are proud to have facilitated this meaningful transition. The Buy-Side team did an outstanding job sourcing and executing this deal, and we are thrilled to have played a role in bringing these two strong organizations together.”
Calder Capital served as the exclusive Buy-Side Mergers and Acquisitions Advisor to Morales Group.
About Career Transitions:
Career Transitions, founded in 1987 and headquartered in South Bend, Indiana, specializes in workforce solutions, including talent acquisition, contract staffing, and outplacement services. The company has built a strong reputation for delivering tailored staffing solutions that align with business goals and drive long-term success. To learn more, please visit https://www.careertransitionsllc.com.
About Morales Group:
Headquartered in Indianapolis, Indiana, Morales Group is a leader in providing workforce solutions, including staffing, recruiting, and professional placement services. The company is dedicated to creating sustainable career opportunities and delivering innovative workforce solutions that meet the evolving needs of businesses.To learn more, please visit https://moralesgroup.net.
About Calder Capital: Founded in 2013, Calder Capital, LLC is a lower middle market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. Calder Capital’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit http://caldergr.com/.
