August 26, 2015 // Franchising.com // WASHINGTON - Zippy Shell Incorporated, the Washington, DC-based, self-storage and moving company, is proud to announce that Ransom James, Partner & Founding Member of Eagle Merchant Partners, has officially joined its corporate Board of Directors. The announcement follows the recent $25 million strategic growth capital investment from private investment firm Virgo Investment Group LLC ("Virgo").
James played a key role in the investment and growth in self-storage leader PODS as the lead board member for his prior firm, Arcapita, which owned the company from 2007-2015. This resulted in the successful February 2015 sale of PODS for over $1 billion. Ransom also currently serves on the Board of Directors of Chicken Salad Chick, LSO and Vasari and was integrally involved with Church's Chicken, B.R. Lee Industries and Cypress Communications. Prior to Arcapita, Ransom served in the Leveraged Finance group at Merrill Lynch & Co. in New York and in the Corporate Banking group at Wachovia in Charlotte.
"We are glad to have Ransom James join our Board of Directors and at such a critical juncture for our organization," says Rick Del Sontro, CEO of Zippy Shell. "His industry experience comes at a crucial time in our growth."
"I'm enthusiastic about joining Zippy Shell during this phase of expansion and growth," says James, "And look forward to having a role in leading the company to its next level of success."
Zippy Shell has attracted new members to its Board of Directors following recent investment capital received from Virgo that will help to accelerate the overall growth of its business in support of strategic acquisitions, the addition of new markets, and national brand development. It will also allow Zippy Shell to strengthen its moving platform and enhance operating systems for its franchisees.
"We're thrilled to have Ransom join us on the Board of Directors," said Mack McNair, Founding Partner at Virgo and Chairman of Zippy Shell. "With experience in successful growth strategy, and as the former Co-Chairman of PODS, Ransom brings a wealth of experience, contacts and industry knowledge that will play an important role in Zippy Shell's future."
Ransom joins Zippy Shell following their recent ranking at number 470 on the 2015 Inc. 5000 list. This is an exclusive ranking of the nation's fastest-growing private companies. The list represents a comprehensive look at the most important segment of the economy - America's independent entrepreneurs.
"Ransom James is recognized for his experience in identifying companies with tremendous growth potential," says Gareth Taylor, Founder and President of Zippy Shell. "His expertise will help us navigate the next phase of our expansion."
Zippy Shell Incorporated is a national provider of portable storage and moving solutions. Through a network of franchise locations and licensed partners Zippy Shell provides a complete suite of services to the customer ranging from self-pack storage through full service moving. Zippy Shell is headquartered in Washington, D.C., Zippy Shell currently has 56 independently operated, corporately operated or jointly operated facilities in 106 markets. Zippy Shell® is an exclusively licensed trademark of Zippy Shell USA, LLC. For more information, visit the Zippy Shell website at www.zippyshell.com.
SOURCE Zippy Shell Incorporated