VR Worldwide Overview

VR Mergers & Acquisitions has been the industry leader for nearly thirty years, and its intermediaries have sold more businesses in the World than anyone else. It has established the highest quality standards in our industry, provides the most extensive training program for its Intermediaries, maintains the largest national database of sold businesses to assist in business valuations, and has been rated the number one Business Brokerage firm in the world for 16 of the last 20 years.

VR was founded in 1979 to fill the void for quality service that existed between the real estate industry and investment banking representation to buyers and sellers of main street, upper main street and middle market businesses that had remained under serviced. Four years later, the original principals of the company along with a group of VR franchisees created the International Business Brokers Association (IBBA), to help standardize practices, generate a forum for new ideas, and provide a methodology for continuing education.

VR has always been the industry leader, and continues to pave the path that others continue to follow. VR's continual drive to improve and achieve has led to the creation of several divisions designed to meet the rapidly changing needs of its business clients around the world. The past decade has seen the highly successful deployment of VR Mergers & Acquisitions to serve middle market companies. VR has more than 115 offices throughout North America and worldwide.

VR's components of its success are the strength, professionalism and commitment of VR's worldwide network of intermediaries working diligently with every client, not as business brokers merely trying to make a sale, but rather as advocates providing a comprehensive consultative approach to each and every business transaction. You will find that VR provides you with exactly the same level of service and professionalism that a large institutional client receives from the finest investment bank.

VR continues to be the leading force within the industry as it moves into the future, always developing new and innovative practices for buying and selling businesses, protecting client interests and refining the level of services every small and mid size business owner should expect to receive.

Officers

Peter King Chief Executive Officer VR Business Brokers - Worldwide

VR's dynamic and intuitive business leader, Mr. King began his career on Bay Street in Toronto with one of Canada's oldest Merger's and Acquisitions firms. Upon relocating in 1989 to the United States, King was an instrumental part of Canada's largest real estate company's American development plans. His responsibilities included all legal and franchise arena's through which his franchising intrigue arose. From 1994 until his acquisition of VR in 1999, Mr. King returned to his roots and joined one of America's largest investment banks on Wall St. servicing large institutional clients.

In 1999, King saw an opportunity that would bring the professionalism and service of investment banking to the small and mid-size business owner, and thus acquired VR Business Brokers. After relocating the Corporate Offices to Fort Lauderdale, Florida, the new vision for VR started to unfold. Today King and his partner and President, JoAnn Lombardi, lead VR as the only full-time network of Professional Business Intermediaries in the world.

King believes that with strategic alliances with organizations servicing other needs to the small and mid-size business markets, allows VR to differentiate itself now and into the future.

JoAnn Lombardi President VR Business Brokers - Worldwide

The leadership and strength of VR's President has been instrumental in the streamlining of operations, and the creation of programs to enhance the quality of the franchise network. After 10 years of corporate franchise experience, Ms. Lombardi became partner in VR in 2001. She has continued to reinforce the VR system with her wealth of franchise and business operations experience. Her restructuring of VR operations has seen an increase in services offered to franchisees and to their client base.

Ms. Lombardi's previous ventures in the franchising world included her successful role as Vice President of Franchise Sales and Marketing for the franchisor of the largest chain of women's only full service health clubs in America. During her tenure, this organization tripled the size of its franchise network and was awarded numerous national awards for franchising. This unique mixture of celebrated franchising success, combined with her previous entrepreneurial endeavors that concluded with the profitable divestiture of multiple business ventures, enhances VR's corporate perspective.

Ms. Lombardi's foundation of strength for VR, derives its credo from striving to create a global network for the company, and a open and fluid market for business acquisition and divestiture.

  Top of Page