VR Mergers & Acquisitions / VR Business Brokers located in Austin, Texas

 

VR Mergers & Acquisitions - Management Team

Mike Derrick
Managing Director

Mike Derrick is a managing director. Mike's career as an Accounting and Finance Professional began in the energy sector upon graduation from the University of Texas in 1975. After serving in various capacities with Elf, one of the world's top 5 energy firms, Mike assumed the role of Divisional Controller in 1982 for the Oil and Gas Division of North American Royalties, a $300 million publicly traded company that also included a large manufacturing arm tied to the domestic auto industry. Soon after participating in the Company's successful transition from a public to a private firm Mike, in 1993, assumed the Corporate Controller's position of what quickly grew to a $500 million corporation. Mike returned to Texas in 1998 as Controller and Treasurer for Norwood Promotional Products, the country's largest supplier of ad specialty and promotional products. After also participating in the transition of Norwood to a privately owned firm Mike became an integral member of its Mergers & Acquisitions team during which, in 1999, the Company acquired 9 industry related companies allowing it to enter 2000 as a $500 million corporation and firmly establishing itself as the world's largest company in its industry.

Eager to pursue an entrepreneurial instinct after the Company relocated out-of-state and being keenly aware of the opportunities to represent the rapidly growing small to mid-market sector of the Austin and Central Texas market, Mike founded and opened our VR Mergers & Acquisitions location in 2004.

Wayne Scott
Director

Wayne Scott is a Director of VR Mergers & Acquisitions.

Wayne has enjoyed a unique and diverse background that includes an extended tenure as an executive in the oil and gas industry, active participation in international oil and gas academic programs and, most recently, a five year span as a very successful business owner.

As Director of Financial Operations for Occidental International Oil & Gas Corporation, Wayne directed the financial operations of 139 International Joint Ventures, managing reporting and communications activities and systems operations. He maintained hiring and management responsibility for all Financial Officers in Occidental’s foreign operating areas and held financial responsibility for total Exploration and Development budgets of $1 Billion, with a revenue stream of $30 - $40 Billion. He also served as CFO of Occidental’s North Sea Operations which consisted of 32 Joint Ventures with monthly expenditures exceeding $100 Million and annual revenues in excess of $3 Billion. Occidental acquired numerous companies during the 20 years Wayne was employed by Occidental. As a divisional senior financial executive, Wayne was a key member of Occidental’s team and was actively engaged in these acquisitions.

Having resided abroad for many years, Wayne returned to Central Texas to pursue his entrepreneurial instincts. He founded a Stone Mining & Masonry Company serving high end residential markets and quickly grew the business to be the largest of its kind in Central Texas. Wayne sold the company in 2005 as a newly reinvigorated energy industry emerged. He quickly rediscovered his zeal for teaching, having served in the late 90’s as the Director of Professional Development for the University of Texas Permian Basin, and now participates in international programs that offer university level courses for oil and gas professionals.

Wayne holds a Master of Business Administration from the University of Texas Permian Basin and a BBA from Texas Tech University.

Alison Preslar
Director

Alison serves a dual capacity as both key member of the small markets division of VR Mergers & Acquisitions (VR Business Brokers) and as the marketing director for the Austin office of VR Mergers & Acquisitions. Alison's degree in Economics from the University of Arizona brings a unique perspective to the business profession. With 7 years of experience in the hospitality industry Alison complements the existing Austin team with a fresh insight to marketing solutions.

 

 

 

Gary Zolnierek
Director

Like many successful business intermediaries, Gary 's background includes business ownership, beginning with the startup and extending through the successful management of a retail food service business in 1987.

He later developed and managed his own Aerospace Manufacturing Businesses in 1997 that specialized in machining, tooling and fabrication for commercial and military customers.

Gary has also been successful in the corporate world, having held the positions of both Operations Manager and General Manager with a major international aerospace company. Gary is a member of the International Business Brokers Association holding the Certified Business Broker certification (CBI). Gary holds a Bachelors Degree in Business from Michigan State University and resides in Cedar Park .

 

Terry Hutchens
Director

As a CPA, Terry practiced public accounting at both the national and local level. His 10 years experience with Arthur Andersen and Coopers & Lybrand served as a platform for a variety of entrepreneurial ventures. Terry has been engaged in the financial services industry since 1996 facilitating and brokering financing programs for Fortune 500 companies such as Dell, Gateway and Micron. Having also owned his own CPA firm, Terry has most recently partnered with Treaty Oak Bank - Austin, Texas to provide commercial mortgage financing under the name of Treaty Oak Commercial Group.Combined, Terry has over 30 years experience in the financial services industry.

Terry understands all aspects of business ownership having advised business owners in all facets of day-to-day operations and strategic planning. His public accounting experience has been valuable when advising clients in the structuring of business capitalizations to insure that a definitive exit strategy, be it by sale or succession planning, is implemented.

Terry is a native of Austin, Texas and graduated from the University of Texas at Austin with a BBA in Accounting.

Gary Kofnovec

Gary Kofnovec, as a former managing director, serves in an active consulting capacity. Gary has more than 30 years experience as a senior executive at major public and private firms. He has been involved in hundreds of merger, acquisition, and financing transactions both as a principal and as a professional advisor. Gary began his career with Ernst & Young in Dallas where he managed numerous large engagements over an eight year period. He then worked as partner with Grant Thornton (world's 5th largest accounting firm) in Austin through 1990.

Mr. Kofnovec then invested in and joined EZCORP as executive vice president and a member of the Board of Directors where he raised significant private capital and led the IPO during his 1st year with the Company. Over the next three years he led two more public equity offerings, acquired and started hundreds of units across the country, negotiated large multi bank credit facilities, and grew the company from $20M to almost $200M. Subsequently, Gary has served as senior executive and CFO of large ($150M to $500M) public and private companies such as Norwood Promotional Products, Xetel, and Rackspace Managed Hosting where he led several equity financings, bank credit facilities, and acquisition and disposition of companies. Throughout Gary's career he has also worked extensively as an investor and advisor in the purchase, sale, and financing of hundreds of smaller businesses and real estate transactions.

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• VR Mergers & Acquisitions / VR Business Brokers located in Austin, Texas will help sell your Austin business by positioning your company in front of qualified buyers.
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• VR Mergers & Acquisitions / VR Business Brokers located in Austin will also assist in finding a business to buy if you are looking to purchase a Business in the Austin area.
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• We will help you through every step of the process to ensure every aspect of buying or selling your business runs smoothly.
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• Email: info@vrtexascapital.com