Sale of SIRVA
By the time she sold the companies, there were 12,000 members. She was 100 percent owner. The sale to SIRVA was reported to have been for $100 million. (although SEC filings indicate the price was closer to $40 million). SIRVA would sell the insurance business along with Transguard Insurance Company of America, Inc. and Vanguard Insurance Agency, Inc. to IAT Reinsurance Company Ltd. in 2005.
Since the sale, her new VCW Holding investments include The Star Group team in program and partnership development for annual events recognizing and honoring the, Leading Women Entrepreneurs of the World and participates in mentoring programs sponsored by The Kauffman Foundation for Entrepreneurial Leadership, The Committee of 200, Harvard University's John F. Kennedy School of Government, and the Women's Leadership Board.
Read more about this topic: Cheryl Womack
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