CHARLOTTE, N.C., May 2, 2011 /PRNewswire/ — VR Mergers & Acquisitions of Charlotte, N.C. has just completed the strategic sale of NorCon Property Managers, Inc., a leading provider of homeowner association and condominium association management services in the Carolinas. William Douglas Management, Inc. of Charlotte, NC was the purchaser.

NorCon Property Managers, Inc. is headquartered in Mauldin, SC, in the Greenville, SC metro area. Phil Hagey, Senior Advisor at VR Mergers & Acquisitions of Charlotte represented business owner Norma Rider on the transaction. Hagey and VR Mergers & Acquisitions of Charlotte facilitated in all phases of the transaction, from the initial analysis through closing. Details were not disclosed.

Rider notes “Your knowledge about my industry made the whole process so much easier than I had anticipated. And, in less than 30 days, you had sold my business!”

William Douglas Management, Inc. has been a top provider of association management services since 1980. Chris Gilleland, President of William Douglas Management, Inc. says “We are excited by this opportunity; NorCon has a fantastic client base and a great management team. We look forward to increasing our client base in the Upstate of South Carolina and retaining the NorCon team members.”

About VR Business Sales, Mergers & Acquisitions of Charlotte

VR Charlotte’s only business is representing business owners in the sale of their business; confidentially, professionally and with proven results. Since 1996, VR Charlotte has consistently been one of the top revenue producing offices in the VR worldwide network of 130 independently owned offices. Information about VR Mergers & Acquisitions Charlotte can be found on their website at www.vrcharlotte.com and on their blog at www.howtosella.biz. VR Mergers & Acquisitions 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