Boca Raton, FL, March 7, 2016 (Newswire.com) - VR Business Brokers, Mergers and Acquisitions (VR), of Boca Raton announced today that tech entrepreneur Michael O’Donnell has joined its team as an M&A Intermediary. Mr. O’Donnell will specialize in helping South Florida’s tech companies to expand through acquisition, and to exit successfully when the time is right. Recognizing the growing number of angel-backed and venture-financed startups in South Florida needing this expertise, VR is filling an important gap in the local startup ecosystem.
“To become a successful entrepreneur, I was blessed with a robust ecosystem on the west coast,” said Michael O’Donnell. “I had access to funding, talent, and seasoned experts who helped my companies grow by acquiring other companies, and to orchestrate successful exits when the time was right. I believe that South Florida is on the path to becoming one of the top-ten startup ecosystems in the country. One of the missing elements to achieve that vision, is the kind of buy/sell experience and expertise that myself and my colleagues at VR can bring,” he said.
"We already represent a lot of main street businesses. It's a natural extension of our practice to represent the growing number of tech-oriented businesses - and Michael O'Donnell is perfect to lead that part of our practice."
VR-Boca Raton is recognized as one of the top offices in the VR network of international offices throughout the United States, Canada, South America, Mideast and Asia. VR is proud to have sold more businesses in the world than anyone. “We already represent a lot of main street businesses,” said Lilia Berezkina, Owner/Broker, VR Boca Raton. “It’s a natural extension of our practice to represent the growing number of tech-oriented businesses – and Michael O’Donnell is perfect to lead that part of our practice,” she said.
Bob Fitts, Founder/Producer of Startup Expo (SUP-X) and President of Gold Coast Angels, sees the addition of this expertise as critical to the success of area businesses. “More-and-more of the companies that will drive the local economy will be tech-related businesses,” he said. “We have a growing number of members and sponsors who want to invest in those companies. Having someone like Mike who knows how to help them grow through acquisition, and provide for a successful exit, is critical to having more successes and recycling those returns into more good companies,” he said.
About VR Business Brokers | Mergers and Acquisitions | Boca Raton
VR Business Brokers – Boca Raton / Palm Beaches – is a business transaction and acquisition firm with an international network of offices -- selling more businesses in the world than anyone since 1979. Our staff of professional VR Business Intermediaries focuses exclusively on serving buyers and sellers of small to mid-sized privately-owned companies.
About SUP-X and Gold Coast Venture Capital Association
SUP-X ™ is the premier annual conference that brings together startup and early-stage entrepreneurs, angel and VC investors and related service providers from throughout North America. The Gold Coast Venture Capital Association is a 31-year old organization whose mission is to grow and enrich the South Florida entrepreneurial ecosystem. Based in Boca Raton, Florida, the organization produces approximately 10 events a year that connect investors, entrepreneurs and service providers in Central, South and Southwest Florida.