DULUTH, Ga.–( BUSINESS WIRE )–August 1, 2022–
Metasys Technologies (“Metasys”), a leading minority-certified provider of workforce management services, today announced a strategic investment from Arkview Capital, a minority-owned private equity fund focused on supporting diversity-driven businesses. The investment will allow Metasys to continue its rapid expansion in providing a holistic end-to-end talent management solution (including recruiting, payroll, managed services, VMS implementation and strategic consulting) to many of its Fortune 1000 and mid-market clients.
Sandeep Gauba, Founder and CEO of Metasys, said, “Over the past 20+ years, our firm has earned a great reputation and been recognized for excellence in every segment in which we operate. Our partnership with Arkview enables Metasys to exponentially expand its reach and help Fortune 1000 companies diversify their employee base and supply chain.”
Romeen Sheth, president of Metasys, added, “Our technology-based offering helps reduce costs and improve efficiency in managing our clients’ temporary workers and SOW programs. Combining our expertise in the contingent workforce management space with Arkview’s experience in acquisitions and capital markets positions Metasys as a superior platform for both organic growth and M&A as we strive to reach new heights.”
Vijay Mehta, co-founder of Arkview Capital, said, “Sandeep and Romien have built an impressive organization that provides critical talent management solutions to top corporations. We are excited to invest in Metasys’ future success as a diverse leader in the staffing, payroll and managed services industry. As a Minority Business Enterprise (“MBE”), Metasys is well-positioned to drive the impact of workplace and supplier diversity at scale for its customers.”
Josette Wright-Lacey, president and founder of Waypoint Strategies, LLC and an advisor to Arkview, stated, “As past president of the National Minority Supplier Development Council (“NMSDC”), I am pleased to see a minority-certified company and former NMSDC National Supplier of the Year in partnership with MBE Investment Fund to deliver an ambitious business plan. This is a dynamic case study of how MBEs can overcome the challenges of accessing capital to scale their business to meet the needs of corporations looking to increase their multi-vendor utilization and spend.”
Mr. Gauba concluded, “At Metasys, we have created an ecosystem filled with diverse vendor partners. Forming a strategic partnership with Arkview will allow us to help corporations introduce diverse suppliers into every segment of the talent supply chain. We are excited to embark on the next leg of the journey with our partners at Arkview.”
About Metasys Technologies
Founded in 2000, Metasys is a leading provider of minority-owned workforce management solutions, including staffing, payroll, managed services, VMS implementation and strategic consulting. Metasys supports top-tier corporations in the United States with their most pressing challenges – how to attract, engage and retain exceptional talent. Metasys serves many of the Fortune 1000 as a strategic partner in promoting diversity in their workforces and supply networks. His success and contributions to the community have been recognized by organizations such as Inc. 5000 (Fastest Growing Private Companies List) and the National Minority Supplier Development Council (Supplier of the Year).
About Arkview Capital
Arkview Capital is a minority-certified private equity fund focused on investing in diversity-driven businesses. As a Minority Business Enterprise (“MBE”) certified by the National Minority Supplier Development Council (“NMSDC”), Arkview believes that companies aligned with their diverse customer base will outperform over the long term. Arkview provides capital to businesses serving diverse communities, partners with diverse founders, and promotes diversity in the supply and supply chains of leading Fortune 1000 companies.
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CONTACT: Metasys Technologies
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: CONSULTING PROFESSIONAL SERVICES HUMAN RESOURCES
SOURCE: Metasys Technologies and Arkview Capital
Copyright Business Wire 2022.
PUBLICATION: 08/01/2022 10:00 AM/DISC: 08/01/2022 10:02 AM
Copyright Business Wire 2022.