CEO Coaching International Congratulates Client Victra on Its Acquisition of Go Wireless
MIAMI, April 13, 2022 – CEO Coaching International, the leading executive coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to congratulate its longtime client Victra, the largest exclusive authorized agent for Verizon Wireless, on its recent acquisition of Go Wireless. The acquisition expands Victra’s footprint to now include nearly 1,600 locations and approximately 7,000 employees nationwide.
According to the press release, Victra was founded as a partnership by Richard and David Balot in October 1996 in Wilson, North Carolina, and recently celebrated its 25th anniversary. Victra was incorporated as ABC Phones of North Carolina, Inc. in 1999. Today, Victra is independently owned and operated in Raleigh, North Carolina, with more 230 people in the Store Support Center. In 2020, Victra opened its Victra Contact Center in Winterville, N.C., now employing hundreds of team members who handle calls in support of Victra stores.
Victra CEO and Chairman Rich Balot stated on his LinkedIn page that the company was able to fully integrate former Go Wireless stores onto Victra’s systems within the first day of owning the company.
“I’m very excited for my friend and longtime client, Rich Balot, and the high-performing team at Victra for this tremendous achievement,” said Mark Moses, CEO and Founding Partner of CEO Coaching International. “With their strong commitment to growth and dedication to their core values of Performance, Integrity, Innovation, Collaboration, and Celebration, it’s easy to see why Victra has excelled as the largest premium retailer in their industry.”
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About CEO Coaching International
CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, CEO Coaching International has coached more than 1,000 CEOs and entrepreneurs in more than 60 countries and 45 industries. The coaches at CEO Coaching International are former CEOs, presidents, or executives who have made BIG happen. The firm’s coaches have led double-digit sales and profit growth in businesses ranging in size from startups to over $10 billion, and many are founders that have led their companies through successful eight, nine, and ten-figure exits. Companies working with CEO Coaching International for two years or more have experienced an average EBITDA CAGR of 53.5% during their time as a client, more than three times the U.S. average, and a revenue CAGR of 26.2%, nearly twice the U.S. average.