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David Schlegel

VR Business Brokers
Business Broker

About Me

Company Information: VR has been the industry leader for over twenty years and has the distinction of having sold more businesses in North America than anyone else. It has set the highest quality standards in the 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 in the world for 16 of the last 20 years. VR BUSINESS BROKERS 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 (I.B.B.A), to help standardize practices, generate a forum for new ideas, and provide a methodology for continuing education. VR has always been light years ahead of its industry, and continues to pave the path that others try 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 few years has seen the highly successful deployment of VR Mergers & Acquisitions. VR{s components of its success are the strength, professionalism and commitment of VR{s 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 professional resources 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. Background: DAVID M. SCHLEGEL: David Schlegel is President and Founder of VR Jacksonville, Fl. Prior to forming VR Jacksonville, Mr. Schlegel was President & CEO of Envirco Corporation, a $30M sales, 200 employee developer and manufacturer of sophisticated contamination control products for microelectronics firms, health care companies and hospitals. Mr. Schlegel acquired Envirco in a leveraged management buyout and immediately thereafter he and his management team executed a strategy of developing and manufacturing unique patented products which soon made Envirco the preferred worldwide supplier to hi-tech giants such as Intel and Applied Materials. After several years of rapid growth, Mr. Schlegel negotiated an acquisition of Envirco by NASDAQ company Trion, Inc. producing an 1100% return to Envirco shareholders in less than 3 years. Mr. Schlegel remained as Envirco CEO after the acquisition and also became Vice President of Trion. He played a key role In Trion{s $55M acquisition by Fedders Corp. 4 years later. Prior to that Mr. Schlegel was Executive Vice President, COO & CFO of Environmental Air Control, Inc (EACI) a $50M diversified manufacturing and service company providing ultra-clean air products and services to the consumer, medical and industrial markets. Mr. Schlegel had direct P&L responsibility for 2 EACI Divisions as well as full operational and financial responsibility for the corporation. He initially led a turnaround of the company and then worked closely with its CEO to develop and execute a highly successful growth strategy. This culminated in taking EACI to market and a complex multi-party acquisition in which Honeywell, Inc. acquired EACI{s Enviracaire Division; Donaldson Corp. acquired ENV Services, Inc.; and Mr. Schlegel led a leveraged management buy-out of the Envirco Division. Mr. Schlegel began his career with the then Big Eight accounting firm Haskins & Sells where he specialized in serving a variety of mid-market companies. During this time Mr. Schlegel attained his CPA license by passing the examination on his initial attempt. At the age of 26 Mr. Schlegel began his entrepreneurial career when he became became Chief Financial officer of Standard Building Systems, Inc. A $40M sales, 400 employee steel joist , truss and girder manufacturer which had just been acquired from Standex International Corp. in a leveraged management buyout. Mr. Schlegel is a highest honors Summa Cum Laude graduate of the Renowned Wharton School of the University of Pennsylvania with an Economics and Finance concentration. His numerous community services include 4 years as volunteer President of the Asthma & Allergy Foundation of America (AAFA). Headquartered in Washington D.C. and with chapters and offices worldwide, AAFA sponsors research and provides an array of services and information to patients and their families. Mr. Schlegel has also passed the Series 7 and 63 securities license exams and is a licensed Real Estate Broker. JOHN W. JOSEY: Mr. Josey is a native of Jacksonville, Florida and has resided in the area since 1974. He has over 30 years of diversified experience with small and medium size independent businesses including 20 years working in a small family wholesale operation. Prior to joining VR First Coast Business Group, Mr. Josey spent 10 years as an independent representative for a privately held graphics manufacturer. Mr. Josey graduated from Clemson University with a Bachelor of Science Degree in Industrial Management and a secondary concentration in Industrial Engineering. He and his wife, Bonnie, have 4 adult children. They have lived in Ponte Vedra Beach for the past 12 years and enjoy beach life and traveling. Mr. Josey is active in his local church and various alumni and fund raising activities for The Bolles School, his secondary school Alma Mater. Affiliations: DAVID M. SCHLEGEL: CPA, Series 7 and 63 Securities License and Real Estate License. JOHN W. JOSEY: Bachelor of Science Degree in Industrial Management and a secondary concentration in Industrial Engineering. Mr. Josey is active in various alumni and fund raising activities for The Bolles School, his secondary school Alma Mater.


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