Western Capital Resources, Inc. Announces Board Changes
July 01, 2015 at 04:31 pm EDT
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Effective July 1, 2015, Western Capital Resources, Inc. acquired the businesses of Restorers Acquisition, Inc., J&P Park Acquisitions, Inc. and J&P Real Estate, LLC, by completing a merger and contribution transaction. On July 1, 2015, in connection with the merger and contribution transaction, Gay A. Burke resigned from her position as a director of Western Capital. On that same day, the Board of Directors of Western Capital appointed Kevin Kuby to the board vacancy created by the resignation of Ms. Burke.
Mr. Kuby is and has been since 2012 a Managing Director in Restructuring at Blackstreet Capital Management, LLC.
Western Capital Resources, Inc. is a holding company. The Company's segments are Cellular Retail, Direct to Consumer, Manufacturing and Consumer Finance. The Cellular Retail segment consists of an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers through its subsidiary PQH Wireless, Inc. and its subsidiaries. The Direct to Consumer segment consists of an online and direct marketing retailer and distributor of live plants, seeds, holiday gifts and garden accessories under the Jackson & Perkins, Park Seed and Wayside Gardens brands, and home improvement and restoration products operating under the Van Dyke's Restorers brand. The Manufacturing segment consists of Swisher Acquisition, Inc., a manufacturer of lawn and garden power equipment and emergency safety shelters. The Consumer Finance segment consists of retail financial services conducted through its subsidiaries, Wyoming Financial Lenders, Inc. and Express Pawn, Inc.
WESTERN CAPITAL RESOURCES, INC. 