VR Congratulates Robert McCormack of Lewisburg, PA
2017 VR Mergers and Acquisitions Award Recipient
For Immediate Release:
VR Mergers & Acquisitions Announces Robert McCormack, Owner of VR in Lewisburg, PA, Wins VR Mergers & Acquisitions Award for 2017
Fort Lauderdale, Florida / April 17th, 2018
VR Mergers & Acquisitions, a leader in the sale of closely and privately held companies, is pleased to announce that Robert McCormack, owner of VR in Lewisburg, Pennsylvania has been awarded the inaugural VR Mergers & Acquisitions Award. Winning the VR M&A Award is one of the highest honors a business intermediary or owner can achieve in VR. It is awarded based on successful transactions in the middle market, the largest transaction in VR for the year, and over all mid-market impact. The middle market is the fastest growing sector of the VR business model.
The VR Mergers & Acquisitions Award will be awarded annually, joining the VR Most Valuable Intermediary Award (“MVI”) and the induction into the VR Hall of Fame. Winners of the VR M&A Award will have shown a focus inside their organization on assisting entrepreneurs exit companies with enterprise value ranging from $5 to $50 million. It is the mandate of VR M&A to tender the same professional services an investment bank offers its' clients, although to those looking to either enter or exit the middle market.
Mr. McCormack has been with VR for over a decade and during that period he has developed a reputation for successful transactions in the middle market. Before joining the organization he served as President and CEO of a diversified financial services company with over a $1Billion in assets. During that leadership he negotiated numerous acquisitions of banks, therefore growing the company’s asset size, geographic reach, and revenue streams. Bob is the first person in company history to be awarded the VR Mergers & Acquisitions Award.
“We’re proud to present Bob the first VR Mergers & Acquisitions Award. His accomplishment of successfully facilitating a transaction of over $60 million has set a company record for VR and positions the organization for continued growth in the middle market. He along with other professionals across the VR network spearhead VR’s ability to have a local presence with national and international reach. I am honored to have Bob part of the VR team and to call him a friend” remarked Peter C. King, CEO of VR Business Brokers / Mergers & Acquisitions.
“I am honored to accept the first VR Mergers & Acquisitions Award. The middle market needs professionals to advise business owners, and as an organization we can supply that guidance and consultation. I look forward to contributing to the growth of VR in the mid-market and continuing to assist my clients,” said Robert McCormack as part of his acceptance speech.
“VR recognizes the achievements of its intermediaries and owners on a quarterly and annual basis. To be the winner of the first VR Mergers & Acquisitions Award allows us to acknowledge Mr. McCormack’s contribution to the growth of VR in the middle market. I personally congratulate him for setting a new standard for transaction size in VR,” stated JoAnn Lombardi, President of VR Business Brokers / Mergers & Acquisitions.
For more information about Robert McCormack and VR in Lewisburg, Pennsylvania visit www.vr-ma.com.
About VR Mergers & Acquisitions
Founded in 1979, VR is the innovative leader in business sales, and mergers and acquisitions, of closely held, privately owned, and founder operated businesses. Spanning 5 decades, and celebrating its' 40th year in business, VR comprehensively addresses the needs of its' clients by using a detailed focus of planning, communications and execution. With offices both domestic and international, VR is currently in a growth cycle with the goal of expanding its' global 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 www.vrbb.com or www.vr-ma.com.
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