VR Charlotte Completes Sale of SANDirect

Jun 23, 2010, 10:14 ET from VR Mergers & Acquisitions Charlotte

CHARLOTTE, N.C., June 23 /PRNewswire/ -- VR Mergers & Acquisitions Charlotte www.vrcharlotte.com has just completed the sales transaction of SANDirect, a global company specializing in enterprise data warehousing solutions, with its corporate headquarters located in Charlotte, NC.  Jim Stikeleather and Thomas Schiffers combined their industry experience and started SANDirect in 1994, building an impressive hardware and software data storage solutions company with an outstanding reputation for product and solutions expertise.  Experienced engineers with knowledge in a wide range of technology areas, including HDS, EMC, Oracle, Cisco, Veritas, Brocade, Microsoft, HP, and Sun Microsystems, helped the company earn its reputation as an industry leader in high availability data storage solutions.

The new owner of SANDirect is Robert Lennon, a former CFO for the European division of a global telecom company.  Lennon brings years of extensive financial and strategic planning experience along with international business knowledge to SANDirect. He plans to grow the business domestically through new channel development and distribution efficiencies, while continuing expansion abroad with a focus in Europe and Asia/Pac which remains untapped.  He will continue to operate under the SANDirect name with it's existing staff and operations.

Jay Offerdahl, Vice President of VR Charlotte and Greg White, Professional Business Intermediary at VR Charlotte assisted in the transaction.  Details were not disclosed.

About VR Mergers and Acquisitions Charlotte

VR Charlotte's only business is representing business owners in the sale of their business; confidentially, professionally and with proven results.  Over the past fourteen years, VR Charlotte has sold more businesses for more dollars than any of the other 130 VR offices worldwide.  Information about VR Charlotte's #4 Internationally Ranked Office Award can be found on their website at www.vrcharlotte.com or on their blog at www.howtosella.biz.  VR Charlotte is located at 17250 Lancaster Hwy., Suite 601, Charlotte, North Carolina.  For more information, please call 704-676-0940.

SOURCE VR Mergers & Acquisitions Charlotte