CEO Advisor, Inc. Advises Q-Vio, LLC on its Sale to Orbit International
Q-Vio Corp. will operate as a wholly owned subsidiary of Orbit and become part of the Orbit Electronics Group ("OEG"). Q-Vio, LLC sells its products in the military, industrial, marine and broadcast marketplaces.
Ray Pronko, Q-Vio, LLC's President, will become Vice President of Marketing and Sales of Q-Vio Corp. and will operate out of Orbit's sales office in Bradenton, Florida. Additionally, Q-Vio Corp. will continue Q-Vio, LLC's practice of utilizing several manufacturing contractors in China for certain high-volume sales opportunities in order to preserve its 40% gross margin objectives.
Mark Hartsell, President of CEO Advisor, Inc., stated, "Q-Vio has a unique technology offering in the market and is a great fit for Orbit International. We are very excited that two such complimentary companies have joined together to create an even stronger product offering."
Ray Pronko, President of Q-Vio, LLC commented, "We are excited to become part of the Orbit organization and look forward to contributing to its future growth. We believe the demand for our sunlight readable technology will also provide Orbit the ability to increase its revenues beyond the military marketplace."
About CEO Advisor, Inc.CEO Advisor provides business consulting, growth capital and mergers and acquisition advisory services to effectively meet the specific needs of small to mid-size companies in a wide range of industries, including software, technology, media, printing, professional service firms, healthcare, manufacturing and many more. CEO Advisor's mission is to advise CEOs, presidents, business owners and principal executives with the needed expertise and focus, coupled with hands-on advice to grow your business to the next level and realize your life’s dream through a successful exit.