Business Services Industry
Halo founders respond to culture shock by starting own firm.(Halo Group L.L.C.)
Crain's Detroit Business, October, 2006 by Henderson, Tom
Byline: Tom Henderson The Halo Group L.L.C., a Farmington Hills-based information-technology services and staffing company, owes its existence to the truth of the cliche: Be careful what you wish for. Its roots go back to November 2002, when Halo's managing partners George Moilanen III and Bradley Waite, along with three others, sold their Southfield-based IT company, Great Lakes Technologies Group, for $21.6 million to LogicaCMG plc, a publicly traded London-based company.
At the time of the sale, Great Lakes had revenue of $32.6 million. "We made out very well, but we didn't make enough to pack our bags and retire,'' Moilanen said. He and Waite both joined LogicaCMG as vice presidents. Waite and Moilanen were junior partners. Sandy Moore, Moilanen's...
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