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From the category archives: Certified Business Brokers News

Certified Business Brokers in Houston have big news to share with you! Learn about recent business purchases and sales in Texas.

Certified Business Brokers (CBB) Represents Houston Top-Tier Graphic Design Firm, Gateway Design, Inc., in Sale of Business

Certified Business Brokers (CBB) Represents Houston Top-Tier Graphic Design Firm, Gateway Design, Inc., in Sale of Business HOUSTON, TX--(Marketwire - April 14, 2011) - Gateway Design, Inc., established over 20 years ago, was sold by founder and owner Connie Senter to Chris Norton and Sanjay Parikh of Houston, partners at Norton and Park, Inc. The Company, headquartered in Houston, is a pioneer of the graphics design industry with a Fortune 500 client list. They provide a complete portfolio of graphic design and marketing services across a broad spectrum of online and print media. "After 22 years of overseeing daily operations of the firm, my age told me it was time to sell the business," said Senter. She engaged Frank Stabler of Certified Business Brokers in Houston to market the business and represent the Company during the entire sale process. Gateway was very attractive to buyers because of its history as a pioneer in the graphic design industry. The Company was instrumental in the advent of com ...

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SBA Update - What's Happening in Congress

On Thursday December 10th, Sens. Landrieu and Snowe introduced S. 2869, the Small Business Job Creation and Access to Capital Act. This new bill contains a series of measures that were separately introduced by Sens. Landrieu and Snowe earlier this year. The Senate Small Business Committee will mark up S. 2869 Thursday, December 17th. Highlights of the legislation include:Increase the loan limit on 7(a) loans from $2 million to $5 million. Increase the loan limit on 504 loans from $1.5 million to $5.5 million. Increase the loan limit on microloans from $35,000 to $50,000. Allow the 504 loan program to refinance short-term commercial real estate debt into, long-term, fixed rate loans. Extend the authorization to provide 90 percent guarantees on 7(a) loans and fee elimination for borrowers on 7(a) and 504 loans through December 31, 2010.Direct the SBA to create a website where small businesses can identify lenders in their communities.Increases the maximum guarantee on 7-A loans to $4.5 million.Changes the eligi ...

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Certified Business Brokers Represents US Global Mail in Sale of Business

Certified Business Brokers Handled the Transition of Ownership of US Global Mail, an Internet-Based Subscription Shipping Service Headquartered in Houston, to Randy Nibber, Former CFO of an Overseas Business Unit of Aker Solutions.(Marketwire Press Release) Certified Business Brokers (CBB) acted as intermediary in the sale of US Global Mail, an internet-based subscription shipping service headquartered in Houston. The company provides mail forwarding and product fulfillment solutions to American expatriates, individuals living in other countries who purchase American goods, and companies both domestic and abroad that are involved in international commerce.Barry Wisnevitz founded US Global Mail in 2002 in response to his international customer requests from his retail postal center for a "drop box" from which mail and products could be shipped, received or stored. It grew with a life of its own to a size that necessitated the leasing of a new building to support the operation. Wisnevitz, having multiple busine ...

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Certified Business Brokers (CBB) Facilitates the Sale of Houston Balloons and Promotions

Certified Business Brokers handled the transition of ownership of Houston Balloons and Promotions to an experienced businessman and Houston resident, Mr. David Key.(Marketwire Press Release) -- Houston Balloons and Promotions was established over 11 years ago and was founded, owned and operated by Mr. Jim Purtee. The business offers the rental of large inflatable balloon characters as an advertising medium, mostly seen on rooftops of buildings, to local Houston businesses. It is one of the largest inflatables companies along the Gulf Coast today. Customer service has been the firm's mantra and has propelled it to its current top standing in its industry."Though many small businesses can’t afford radio, billboard, or TV advertising, they can afford to rent an inflatable for four weeks or more for prices starting at $1200," said Purtee. "It could be Sunday evening at 7 o’clock, if one of our customers call with a problem, we solve it."Mr. Purtee engaged Certified Business Brokers to find a buyer for Houston Bal ...

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CBB Deal Closed -- Front Page Feature of Houston Business Journal

Dragging economy revs up auto shops----------------------------------------------------------------------------------Certified Business Brokers, Houston, closed the deal between Buyer, Tariq Aziz, and Seller, Wayne Ray, of Mr. Transmission, on February 27, 2009.----------------------------------------------------------------------------------Published February 27, 2009 -- Houston Business Journal - by Allison WollamTariq Aziz owned a health care software services company for 14 years. He considered the current economy, decided to change careers, and has purchased a Mr. Transmission/Milex Complete Auto Care shop.“When I look at the economy, I’m thinking that people are choosing to maintain and repair theirs cars in case, God forbid, they lose their jobs,” says Aziz. “People are willing to spend a couple-hundred dollars to maintain their cars in order to get back and forth to work. It’s a scary time right now.”A lot of concerned consumers are giving more business to local auto shops by putting off new car purch ...

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SBA Loans for Small Business Acquisitions Improving

The Small Business Administration today announced their support of the Federal Reserve Bank of New York and the Treasury Department to improve the TALF Program, which will help unclog the secondary market for asset-backed securities, including SBA 7(a) backed loans which is the vehicle used for small business acquisitions.“We are pleased that terms for SBA loans are continuing to improve, and TALF is moving into the implementation stage where loans will be made,” said SBA Acting Administrator Darryl K. Hairston. “SBA welcomes the recent announcement from TALF and supports its continued efforts to modify the terms to help unfreeze the secondary market for SBA loans, thus making it easier for our lending partners to make new loans to America’s smallbusinesses.”“Three specific changes should be especially helpful to the secondary market for SBA loans. The lower collateral requirements for pools with longer expected lives; the creation of a federal funds-based rate; and the reduction in spreads over the base shou ...

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Indo-American Chamber of Commerce Presents Small Business Success Series

The Indo-American Chamber of Commerce of Greater Houston (IACCGH), as part of their Small Business Success Series, will be hosting a moderated dinner event at Bombay Brasserie Restaurant in Houston, Texas, on June 24, 2008. Tara Energy, headquartered in Houston and one of the largest independent retail electricity providers in Texas, is sponsoring the event.Frank Stabler, CEO of Certified Business Brokers (CBB), has been invited to serve as a distinguished panelist for the event to answer questions on the following topics:How To Sell Your BusinessHow To Buy An Existing BusinessHow To Finance Your Businessand other related questions from guests and attendeesSince 1999 the IACCGH has been a powerful advocate and important resource for businesses looking to capitalize on the tremendous opportunities presented through international trade. This organization has made a significant impact on the rich, diverse and prosperous Houston economy.For more information about this event, call IACCGH at 713-624-7131. RSVP Requ ...

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International Business Brokers Association Convenes Its 47th Semi-Annual Conference This Month

The International Business Brokers Association (IBBA®) is having its 47th Semi-Annual Conference this month, June 1 -7, in Denver.The IBBA®, established in 1983, is the largest international non-profit association operating exclusively for the benefit of professionals and firms engaged in the various aspects of business brokerage and mergers and acquisitions. The association represents professional, ethical and practice standards by which its members operate. This semi-annual event is seven days of professional development and top-notch education and networking. Educational and Workshop courses number close to 100 and include such topics as:Up-to-date legal and tax issues that impact business transfer transactionsAnalyzing and recasting financial statementsTechniques for pricing and maximizing value of privately-held companiesSuccession planning and exit strategiesNegotiating the M&A ProcessM&A Tax Strategies and Deal StructuresSolutions to closing challenging transactionsGetting deals financedAt each confere ...

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Certified Business Brokers' M&A Group Completes the Sale of Multi-State U.S. Firm to International Strategic Acquiror

HOUSTON, TX -- May 2, 2008 -- Certified Business Brokers' M&A Group (CBB) announced the sale of a privately-held, multi-state non-destructive testing company with headquarters in Houston and regional offices in three other states in the U.S. to a multi-national strategic acquiror.The Houston-based non-destructive testing (NDT) company, which has been providing inspection services to the energy and fabrication industries for over 30 years, engaged CBB to sell the company. Terms of the transaction were not disclosed.The sale was made to a privately-held corporation headquartered in New Jersey that is well-known for providing complete NDT solutions to satisfy industry, academia and advanced NDT needs worldwide. The acquisition was part of the New Jersey company's continuing growth strategy to strengthen their overall position in the marketplace by expanding through niche acquisitions in the markets it serves.Certified Business Brokers (CBB), which has sold more companies in Houston than anyone for more than thre ...

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Houston TABB Chapter Announces Luncheon with Guest Speaker Former Federal Reservist Bill Sherrill

HOUSTON, TX -- The Houston Chapter of the Texas Association of Business Brokers (TABB) announces their first monthly luncheon for the new year to be held February 27, 2008, featuring guest speaker Mr. William Sherrill as he presents Houston's economic forecast for 2008.Mr. Sherrill, who has significant experience in such fields as real estate development, electronics, manufacturing, banking, and finance and has made noteworthy contributions in these areas, will discuss Houston’s Economic Forecast for 2008 with the members of TABB at the Briar Club in Houston. Mr. Sherrill has been twice appointed as Governor of the U.S. Federal Reserve Board and served as Director of the Federal Deposit Insurance Corporation (FDIC). A champion of entrepreneurial management, Mr. Sherrill founded the Center for Entrepreneurship & Innovation at University of Houston's Bauer College of Business and currently serves as its Co-Chairman.Houston's Chapter of TABB hosts monthly luncheons for its members which focuses on a range of top ...

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