DRB Capital Appoints New Executive Chairman; Leader in Annuity Industry Strengthens Resources
Delray Beach, FL, July 24, 2014 --(PR.com
)-- DRB Capital (http://www.DRBCapital.com) announced today that James Terlizzi has joined the firm as its Executive Chairman.
Mr. Terlizzi comes with a wealth of experience in the specialty finance space. As one of the original members of Peachtree Settlement Funding, he helped preside over the growth of the Peachtree family of companies for over 12 years as CEO until the merger of the company in 2011. Under Mr. Terlizzi’s guidance in 2006, Peachtree went public on AIM of LSE and was later sold to Credit Suisse and DLJ Merchant Banking at a valuation of nearly $800M.
DRB’s acting CEO, Antony Mitchell, said “With over 25 years’ experience in starting, building and operating specialty finance companies, Jim’s wealth of industry knowledge has already made him a key addition to DRB Capital. We view his appointment as a sign of our commitment to being a leader in the industry. We are fortunate to have the opportunity to work with someone of his caliber and expertise.”
About DRB Capital
DRB Capital is an industry leading annuity purchaser, providing options for people in need of cash. DRB is committed to its sellers and has a passion for excellence. We offer liquidity and optionality to prospective sellers in need of cash who have guaranteed or life contingent structured settlements, annuities and/or investment annuities.
Mark Mruz – Director of Marketing