Top Workplaces: VGM Group is in the business of helping companies do better business

By , Des Moines Register


VGM Group is a company that helps businesses do business better, says CEO Mike Mallaro.

The employee-owned Waterloo company gets home-medical providers better deals on purchases, manages health care services, and provides commercial insurance, along with a host of other services.

"Our philosophy is 'one thing leads to another,'" said Mallaro, whose company employs about 1,000 people in Iowa and the nation.

"If we're working with a customer and find out they need something else, we just try to figure out if we can provide it," he said.

Employee-ownership is "the most important thing about our company," Mallaro said. Employees purchased VGM Group in 2008, the start of a national recession, and it helped the company survive the downturn, he said.

"It's the soul of who we are," Mallaro said. "Employees embrace it and do feel like owners. They act differently with customers. It's not just a job. It's their company."

Mallaro said VGM Group's seven-year goal is to double its workforce to 1,600 by 2024, and the company is on track to meet it.