Schaumburg business acquires Michigan-based incentive company
SCHAUMBURG - David Jobes, owner and CEO of Motivation Excellence, said his company has purchased Viktor Incentives & Meetings, based in Traverse City, Michigan.
The merging of two long-standing incentive industry companies under the Motivation Excellence name will create opportunities for current and future clients, as well as the employees of both firms, Jobes said.
Financial terms of the acquisition were not disclosed.
"We've always been excited about our industry-leading Motivation Excellence team, and since taking ownership in 2018, I've looked forward to expanding and bringing our exceptional incentive solutions to more companies looking to inspire extraordinary performance," Jobes says.
In 2022, Jobes celebrates 30 years with Motivation Excellence.
Mark Bondy, owner and President of Viktor, is equally excited about blending his company into the Motivation Excellence team. "I worked with David and Motivation Excellence before joining Viktor Weyand Travel Services in 1996. We kept in touch over the years, and he was the first person I thought of when I began the process of deciding what was next," Bondy said.
Bondy became an owner of the rebranded Viktor in 2009. He's been an active member of the incentive industry for more than 35 years, including being named the SITE International Foundation Research Chair in 2013. He plans to stay active with Motivation Excellence for a period of time to help create the best transition for future success. He looks forward to his next adventures after that.
"Having Mark on board during this time is especially appreciated, as I know he'll offer his incredible experience in a collaborative way. The cohesive blending of our incredible cultures will need special attention. His involvement will help us make a successful transition. We have nowhere to go but up as a team," Jobes said.
Jobes will keep the Traverse City location and its employees but will rebrand Viktor as Motivation Excellence in 2022. Schaumburg-based Motivation Excellence also has office locations in Wisconsin, Missouri, New Jersey, South Carolina and Florida.