VR Mergers & Acquisitions Featured In Franchising Today

VR Business Brokers / Mergers & Acquisitions has been featured in the franchise news publication, Franchising Today. It is an honor to be recognized by the industry as a leader in the M & A franchise market. Below are some excerpts from the article:

VR Business Brokers in Franchising TodayVR initiates the delicate task of balancing the marketing of the business confidentially while gaining maximum exposure. The sensitive nature of a business sale must be respected so as not to damage value. If an employee, landlord, vendors, clients or any other relevant parties find out about the sale in advance, it could affect how the business is run and negatively impact the business’s revenue and ultimate value.

VR handles the entire process, which entails qualifying the buyer and integrating the new owner into the business. “First we listen, then we advise and finally assist in the sale or purchase of a business,” Lombardi explains.

“We want to continue to be a leader and be seen as a boutique firm by the private equity world and sophisticated investor,” King says. “We always want to help the client. That sometimes means telling someone they should wait to go to market. That’s putting the client first. You’re not going to be getting a commission by telling someone to wait a year, but it’s the right thing to do. And we see how seriously our people take their responsibility. The people that JoAnn and I have surrounded ourselves with are the most satisfying part of this journey because we know how they treat their clients.”

To read the full article, visit Franchising Today.

VR Business Brokers / Mergers & Acquisitions Names Jeff Swiggett, Owner of VR in New Haven, CT as VR’s Most Valuable Intermediary

Jeff SwiggetVR Business Brokers / Mergers & Acquisitions, the innovative leader in the sale of family owned, founder operated, and privately held businesses is pleased to announce Jeff Swiggett as the VR Most Valuable Intermediary Award recipient for 2015.

The VR Most Valuable Intermediary Award has been in existence since 2005, and is awarded to the individual who shows dedication to VR and their profession, is willing to share their expertise with others, puts their client needs first and foremost, and assists in determining the direction of the organization.

This year we are both proud and honored to recognize Jeff Swiggett, the owner of the VR office in New Haven, Connecticut as the VR Most Valuable Intermediary Award recipient. As an advocate to the entrepreneur, and a previous business owner, Jeff has been able to advise his clients on how to unlock the true value in their companies and exit under the most beneficial terms.

Mr. Swiggett’s professional approach has earned him the reputation as a business leader in his community and industry. Since opening his VR office in 2008, Jeff has dedicated time to building a strong team, and has played an integral role on the VR Technology Task Force and the VR M&A Advisory Committee. Professionally he has earned a Certified Business Intermediary (“CBI”) designation from the International Business Brokers Association (“IBBA”) and his Merger & Acquisition Master Intermediary (“M&AMI”) certification from the M&A Source.

Along with Jeff’s professional diligence, under his leadership the VR office in New Haven, CT ranked #3 in the world and he was personally ranked the #1 VR Owner in 2015.

“As an organization we are fortunate to have someone of Mr. Swiggett’s character and professional acumen as part of the VR team. We are proud of Jeff’s accomplishments in 2015 and the standard of excellence he has set.” stated JoAnn Lombardi, President of VR Business Brokers / Mergers & Acquisitions.

For more information about Jeff Swiggett, visit VR Business Brokers in New Haven, CT. To inquire about franchising opportunities and opening your own VR office, visit www.franchisevr.com .

About VR Business Brokers / Mergers & Acquisitions

Founded in 1979, VR is the innovative leader in the sales of family owned; founder operated; and privately held businesses. Spanning five decades, VR comprehensively addresses the needs of its clients by using a detailed focus on planning, communications and execution. VR continues to search for qualified individuals to grow its “Valued Representation” model of client services around the globe. VR Global Headquarters is located at 2601 East Oakland Park Blvd. Suite 300, Fort Lauderdale, FL. For more information, please call 1.800.377.8722 or visit vrbb.com or vr-ma.com.

VR Has Sold More Businesses In The World Than Anyone.®

VR Business Brokers / Mergers & Acquisitions Inducts Steve and Leslie Fitzgerald of VR in Savannah, GA to VR Hall of Fame

vr business brokers hall of fameVR Business Brokers / Mergers & Acquisitions, the innovative leader in the sale of family owned, founder operated, and privately held businesses is pleased to add Steve and Leslie Fitzgerald of VR in Savannah, GA to the VR Hall of Fame as the 2015 Inductees.

Steve and Leslie joined VR in 2006 when they opened their VR Business Brokers office. Their belief that entrepreneurs deserved professional representation through the purchase or sale of a business drove them to the VR organization. During their tenure they have been active participants in the network of worldwide offices and leaders in their local business communities.

Steve Fitzgerald shares his extensive background in marketing, sales, management, operations, and acquisitions with his clients and team. Prior to joining VR, he was Senior Vice President of the publishing giant, McGraw-Hill Companies, where he published over 3,000 books and oversaw the acquisition of eight companies.

Leslie Fitzgerald has nearly 30 years of business experience that includes publishing, development, production, marketing and promotion. Leslie’s diverse background ranges from Managing Editor to Director of Acquisitions. Her successful career brings a dynamic to the VR office that differentiates VR from its peers and competitors.

“We are extremely fortunate to have Steve and Leslie Fitzgerald in the VR organization. They lead by example and have shown their dedication to their clients, the team in Savannah, and to the betterment of VR for all” stated JoAnn Lombardi, President of VR Business Brokers / Mergers & Acquisitions.

For more information about Steve and Leslie Fitzgerald visit VR Business Brokers in Savannah, Georgia. To inquire about franchising opportunities and opening your own VR office, visit VR Business Broker Franchise.

About VR Business Brokers / Mergers & Acquisitions

Founded in 1979, VR is the innovative leader in the sales of family owned; founder operated; and privately held businesses. Spanning five decades, VR comprehensively addresses the needs of its clients by using a detailed focus on planning, communications and execution. VR continues to search for qualified individuals to grow its “Valued Representation” model of client services around the globe. VR Global Headquarters is located at 2601 East Oakland Park Blvd. Suite 300, Fort Lauderdale, FL. For more information, please call 1.800.377.8722 or visit vrbb.com or vr-ma.com.

VR Has Sold More Businesses In The World Than Anyone.®

Before Selling Your Business, Develop An Exit Plan

AccountantGetting Out: How To Develop An Exit Plan Before You Sell Your Business
There is an old adage that states, "the best offense is a good defense." This theory applies perfectly to implementing an offense aka selling a business. Before you can dream of selling your company for top-dollar, you must have an established, well-thought-out exit plan or strategy. Choosing the appropriate exit plan will require a considerable amount of planning and is not something that should be entered into on a whim. The good news is that the sooner you start, the more rewarding your exit will be and the more likely it is that you will be able to successfully sell your company.

Choosing An Exit Strategy Starts By Understanding Your Options
There are three main exit strategies to choose from: an IPO, strategic acquisition, or management buyout. You can also explore a dual approach that creates a combination of the aforementioned strategies. It is important to remember that each strategy will be customized to fit your unique set of needs. Working with a trusted financial advisor throughout the planning process can enhance your understanding of the sale process and improve the success of your exit strategy.

Below are the common characteristics of the three most common exit strategies. 

  • IPO – In an IPO exit strategy you will sell a portion of your company in the public market(s). This selling period usually occurs over a set period of years. During this time, your company will be subject to additional financial regulations and requirements, including the Sarbanes-Oxley requirements.
  • Strategic Acquisition – A strategic acquisition occurs when another company purchases your business. The purchase can occur through cash, stock, or a combination of the two. In this vein, you will lose operating control of your company; however, you will have the benefit of liquidity. As part of a strategic acquisition, a company might choose to enter into the Mergers and Acquisitions sector, in which another company will purchase all of your company.
  • Management Buyout – A management buyout occurs when the next generation of current managers buys your company. This type of transaction is typically settled through private equity investment, assets, or a debt scenario. Generally speaking, a management buyout provide a smoother transition for employees, managers, and you (the previous owner).

Choosing the right exit plan will depend on your objectives. In fact, before you even begin to consider an exit strategy you will need to think carefully about the following list of objectives. Keep in mind that the below items are meant to serve as a starting guide; your company and your financial needs will determine additional business objectives.

  1. Your future role in the business.
  2. Your liquidity needs.
  3. Your company's future potential.
  4. The impact of Sarbanes-Oxley.
  5. The current and future market conditions.

Once you have considered the above objectives, you will be ready to meet with your VR Intermediary to consider which exit strategy is right for your business. Remember, the sooner you begin the process, the more likely it is that you will have a smooth exit that is beneficial to both you, your managers, and your employees.

VR Business Brokers, Mergers & Acquisitions Receives 2015 Best of Aspen Award

John Hornblower

John Hornblower
VR Aspen - Owner
VR Aspen on FacebookJohn Hornblower on LinkedInTwitterVR Aspen Colorado on Google Plus

VR Business Brokers, Mergers & Acquisitions of Aspen, Colorado has been selected for the 2015 Best of Aspen Award in the Business Sales, Mergers and Acquisitions category by the Aspen Award Program.

Each year, the Aspen Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Aspen area a great place to live, work and play.

Various sources of information were gathered and analyzed to choose the winners in each category. The 2015 Aspen Award Program focuses on quality, not quantity. Winners are determined based on the information gathered both internally by the Aspen Award Program and data provided by third parties.

About Aspen Award Program

The Aspen Award Program is an annual awards program honoring the achievements and accomplishments of local businesses throughout the Aspen area. Recognition is given to those companies that have shown the ability to use their best practices and implemented programs to generate competitive advantages and long-term value.

The Aspen Award Program was established to recognize the best of local businesses in our community. Our organization works exclusively with local business owners, trade groups, professional associations and other business advertising and marketing groups. Our mission is to recognize the small business community's contributions to the U.S. economy.

VR Consolidates it’s Leadership as M&A Advisor in the Automobile Sector with the Sale of an Important European Manufacturer

Jose Maria Varas

Jose Maria Varas

VR Corporate Spain has advised Alafan S.A., a Spanish holding of Industrial companies located in the Basque region, in the sale process of Industrias Gol S.A. to Global SM Tech Limited (GSM), a Korean stock quoted high precision fastener for €18 million (Equity value). The buyer is acquiring 26.57 million shares of Industrias Gol which includes Rumagol, a 100% subsidiary located in Romania. Industrias Gol reported in 2014 consolidated sales of € 32 million, an Ebitda of € 3,8 million and total assets of €40,45 million. The buyer is acquiring the company with € 4 million of financial debt outstanding hence the Enterprise value of the transaction amounts to € 22 million.

Industrias Gol is a leading european manufacturer of special cold stamped parts and fasteners for critical applications that serve mainly the Automobile sector. Its products rage is comprised of brake modules, door hinges, seat systems, shock absorvers, steerings, seat belts and rubber to metal bounding. The company owns and operates two industrial facilities located in the Basque region and another located in Brasov Romania.

Global SM Tech Limited manufactures and sells high precision fasteners in Korea and internationally. It provides small precision screws, lead screws, shafts, bolts, rivets, and springs for use in washing machines, refrigerators, PDPs, LCDs, DVDs, PMPs, cameras, audio equipment, CD-ROM players, and mobile phones, as well as in cars, airplanes, electric/electronic machines, and architecture applications. GSM owns and operates plants in Korea, Malaysia, China and Vietnam.

Alfalan is a 80 years old diversified industrial group whose main activities are small household appliances, cold stamping, machining and microfusion, selling to sectors such as automotive, aeronautics, defence, agriculture and elevators. Total turnover is around € 60 million, a staff of 500 workers and 14 factories.

VR Corporate Spain is part of VR Mergers & Acquisition, a US based M&A firm dedicated to advise small and mid sized companies and financial and industrial investors with offices across the USA, Canada, Latin America, Turkey, Abu Dabi, Qatar and Spain and a track record of having advised and closed hundreds of transactions. VR Corporate has a dedicated team of specialists in the Automobile, metal mechanic and steel related sectors.

VR Mergers & Acquisitions in San Antonio, TX Completes Successful Transactions with Big Results

VR Mergers & Acquisitions (“VRMA”), a leader in the sale of privately held companies, successfully completed a series of transactions totaling over a million dollars within a 3 month time frame in the San Antonio area. The financial terms of the transactions were not disclosed.

San Antonio Business Brokers

Javier Luna, Omar Garcia and Carlos Guevara

The VR San Antonio team is composed of three intermediaries: Javier Luna, Carlos Guevara and Omar Garcia (Owner) all had a strong finish in 2014 with 3 closings in December and started 2015 with 2 closings in the first 60 days of the year by working together and leveraging each other’s strengths.

The VR San Antonio team also obtained a buyer mandate from a corporate group in Mexico planning to expand to the U.S. to acquire a large multi-million dollar business. In addition, after selling 12 National branded cell phone stores in 2014, VR San Antonio is in talks to list over 40 additional units for 2015 making the year a very bright one in the Lone Star State.

“I’m proud to work alongside great team members like Javier and Carlos who value putting their clients first in meeting their goals to help unlock value while loving what they do for a living,” said Omar Garcia, Owner of VR in San Antonio, TX.

For more information about VR Business Sales | Mergers & Acquisitions in San Antonio, TX or for a confidential discussion about selling or buying a business, contact Omar Garcia at omar@vrsanantonio.com or call 210-688-4813.

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About VR Mergers & Acquisitions

Founded in 1979, VR is the innovative leader in mergers and acquisitions of privately held businesses. Spanning five decades, VR comprehensively addresses the needs of its clients by using a detailed focus on planning, communications and execution. With offices around the world, VR is currently entering a growth cycle with the goal of expanding its domestic and foreign footprint. VR Global Headquarters is located at 2601 East Oakland Park Blvd., Suite 300, Fort Lauderdale, FL. For more information, please call 1.800.377.8722 or visit vrbb.com or vr-ma.com. Get social with us! (#VRBBNews) Facebook | Twitter | LinkedIn | Google+.

VR Has Sold More Businesses In The World Than Anyone.®

VR Mergers & Acquisitions in Baton Rouge, LA Completes Successful Transaction of 4 Unit Multi-Million Dollar Franchise Food Operation

VR Mergers & Acquisitions (“VRMA”), a leader in the sale of privately held companies, successfully completed a transaction of a multi-million dollar 4 unit franchise food operation located in the Ohio area. The financial terms of the transaction were not disclosed.

Camm Morton

Camm Morton

This transaction consisted of a high performing 4 unit Franchise Burger operation located in Ohio due to owners looking to retire. The successful sale took place in late March of 2015.

“We highly recommend Camm Morton and VR for anyone looking for a business broker. After more than 20 years as Wendy’s franchisees, we decided to retire. We owned 4 successful restaurants that were still operating well, and had assumable leases for each property. We found Camm to be a highly attentive agent and took care of the large and small issues and was approachable by all,” said Clif and Kathy Brown, former franchisee owners.

Camm Morton, Business Intermediary and Owner of VR in Baton Rouge, LA commented, “I’m glad I could lead my client through the process by putting them first while educating them on how to make well informed and careful decisions in order to meet their desired goal, which was to successfully sell their units and happily retire.”

For more information about VR Business Sales | Mergers & Acquisitions in Baton Rouge, LA or for a confidential discussion about selling or buying a business, contact Camm Morton at cmorton@vrbatonrouge.com or call 225-663-5999.

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About VR Mergers & Acquisitions

Founded in 1979, VR is the innovative leader in mergers and acquisitions of privately held businesses. Spanning five decades, VR comprehensively addresses the needs of its clients by using a detailed focus on planning, communications and execution. With offices around the world, VR is currently entering a growth cycle with the goal of expanding its domestic and foreign footprint. VR Global Headquarters is located at 2601 East Oakland Park Blvd., Suite 300, Fort Lauderdale, FL. For more information, please call 1.800.377.8722 or visit vrbb.com or vr-ma.comGet social with us! (#VRBBNews) Facebook | Twitter | LinkedIn | Google+.

VR Has Sold More Businesses In The World Than Anyone.®

Corporate LiveWire Nominates VR Mergers & Acquisitions for 2015 International M&A Award

VR Business Brokers | Mergers & Acquisitions, a leader in the sale of privately held companies, was recently nominated by Corporate LiveWire for the 2015 International M&A Awards sponsored by DealMarket.

M and A AwardsThis awards program celebrates those working in all aspects of the industry, including, professional advisors, management teams, investors, financiers, support services and dealmakers who, have shown great achievements over the last 12 months.

“It’s an honor to be nominated for an international award based on our M&A accomplishments. This will further enhance our mission, which is to offer professional transfer and advisory services to the privately owned businesses,” said JoAnn Lombardi, President of VR Business Brokers | Mergers & Acquisitions.

The 2015 M&A Awards is an international awards program that recognize those who have consistently provided excellent advisory services and demonstrated a strong performance within the industry while exceeding standards, helping companies to navigate the challenges they face when undergoing the transition process.

“Whether we win or not, we have been nominated, which means we are being recognized as a leader of business sales in the middle market,” stated Peter King, CEO of VR Business Brokers | Mergers & Acquisitions.

For more information about VR office locations nearest you, visit www.vrbb.com. To learn more about VR Mergers and Acquisition, visit www.vr-ma.com.

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About VR Business Brokers | Mergers & Acquisitions

Founded in 1979, VR is the innovative leader in mergers and acquisitions of privately held businesses. Spanning five decades, VR comprehensively addresses the needs of its clients by using a detailed focus on planning, communications and execution. With offices around the world, VR is currently entering a growth cycle with the goal of expanding its domestic and foreign footprint. VR Global Headquarters is located at 2601 East Oakland Park Blvd., Suite 300, Fort Lauderdale, FL. For more information, please call 1.800.377.8722 or visit vrbb.com or vr-ma.com. Get social with us! (#VRBBNews) Facebook | Twitter | LinkedIn | Google+.

VR Has Sold More Businesses In The World Than Anyone.®

VR Mergers & Acquisitions in Lakeland, Florida Completes Successful Transaction of Multi-Million Dollar Industrial Supplier

Fort Lauderdale, FL - January 28, 2015 - VR Mergers & Acquisitions ("VRMA"), has successfully completed a transaction of a multi-million dollar industrial component supplier located in central Florida. The financial terms of the transaction were not disclosed.

The company was a 20 year old distributor of mechanical and electrical components and control systems utilized in the energy sector; primarily electrical power generation and oil & gas markets. In addition to product specification and distribution, the company provides value added engineering services to its clients.

Chris Gutierrez

Chris Gutierrez

The buyer was an owner/manager for a private equity firm with significant mechanical engineering background and experience in both the components and their implementation in both the power generation and oil & gas industries.

Chris Gutierrez, Business Intermediary and Owner/Managing Broker of VR in Lakeland FL, commented, "This was a challenging transaction due to the complex nature of the business and because the acceptance of the buyer by both the suppliers and key customers was a key factor to the closing. We managed to get several Letters of Intent during the process, but the ultimate buyer showed that he was the right fit based on experience & aptitude. The business was truly a great fit for the background and management style of the buyer, and I have no doubt he will be able to build upon this successful foundation."

For more information about VR Business Sales | Mergers & Acquisitions in Lakeland, FL or for a confidential discussion about selling or buying a business, contact Chris Gutierrez at chris (at) vrbusinesssales.com or call 863-682-4600.

 

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About VR Mergers & Acquisitions
Founded in 1979, VR is the innovative leader in mergers and acquisitions of privately held businesses. Spanning over three decades, VR comprehensively addresses the needs of its clients by using a detailed focus on planning, communications and execution. With offices around the world, VR is currently entering a growth cycle with the goal of expanding its domestic and foreign footprint. VR Global Headquarters is located at 2601 East Oakland Park Blvd., Suite 300, Fort Lauderdale, FL. For more information, please call 1.800.377.8722 or visit vr-ma.com. Get social with us! (#VRNews) Facebook | Twitter | LinkedIn | Google+.

VR Has Sold More Businesses In The World Than Anyone.®

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