News Release from VR Business Franchise for VR Business Sales / Mergers & Acquisitions
Former Speaker of the House and General Chairman of American Solutions Newt Gingrich, announced today the appointment of Peter King C.E.O. of VR Business Sales / Mergers & Acquisitions to the Advisory Board of his Jobs and Prosperity Task Force.
The Jobs and Prosperity Task Force is comprised of the most successful and accomplished business leaders and entrepreneurs in America. The Task Force will focus on Jobs Here, Jobs Now, Jobs First.
“We’ve given Washington a chance. It has failed miserably and proven to be so inept at job creation that our unemployment, as President Obama himself said, ‘blew past’ his own administration’s projection of 8%. Now it’s time for people who know how to create jobs and prosperity, know what it means to stick to a budget and make payroll – the business leaders of this country – to come together and clean up this mess,” Gingrich said.
“We’re thrilled to have Mr. King on board as we begin the work to get this economy back on track.”
As VR Business Sales / Mergers & Acquisitions’ dynamic and intuitive business leader, Peter 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, King returned to his roots, joining one of America’s largest investment banks on Wall St. servicing large institutional clients.
In 1999, Mr. King saw an opportunity that would bring the professionalism and service of investment banking to the small and mid-size business owner: acquiring VR Business Sales / Mergers & Acquisitions. Today Peter King and his partner and President, JoAnn Lombardi, lead VR Business Sales / Mergers & Acquisitions as the only full-time global network of Professional Business Intermediaries.
As an Advisory Board Member, Mr. King will be invited to Washington for strategy sessions and events where he will discuss ways of turning American economic problems around with tried, true and battle-tested solutions that have been used in successful businesses.
Mr. King’s company, VR Business Sales / Mergers & Acquisitions, is the innovative leader in the sale of privately held companies.
Celebrating 30 years as the world’s only network of full time professional business intermediaries, VR Business Sales addresses the needs of small and midsize businesses. VR Business Sales is a company committed to a diversified menu of business advocate services, with more than 125 locations, and consequently has proven its value to business clients across the country and around the globe. VR’s global headquarters are located at One East Broward Blvd., Suite 1500, Fort Lauderdale Florida.
For more information, please call 1-800-377-8722 or visit www.vrbb.com.