United Franchise Group has acquired full ownership of Transworld Business Advisors, the global business brokerage organization. This acquisition strengthens both organizations and positions Transworld Business Advisors for accelerated growth under sole ownership by its parent company. Ray Titus, chairman and CEO of United Franchise Group, stated that the acquisition makes both companies stronger than ever. The franchise has experienced tremendous growth since joining our family of brands in 2010 – becoming the world's largest business brokerage. Now, as sole owners, we're positioned to take it to the next level alongside its talented team of advisors.
Transworld Business Advisors operates over 200 offices worldwide with approximately 1,000 agents and brokers. As part of the ownership transition, Andy Cagnetta, TBA's former CEO and partner, will focus on leading his Fort Lauderdale franchise location, which is the largest in the network. Jim JT Tatem will continue as TBA president, a position he has held since 2024. Titus emphasized that this move represents a positive step forward for TBA's future and its critical role in facilitating business transactions. Our corporate team continues their commitment to help our franchise owners and their clients get more deals done.
The acquisition signals United Franchise Group's confidence in the business brokerage sector and its potential for expansion. Titus noted significant opportunities to attract new franchisees and accelerate growth both nationally and internationally. For more information about United Franchise Group, visit https://www.UnitedFranchiseGroup.com. Those interested in learning more about Transworld Business Advisors or franchise opportunities can visit https://www.TWorldFranchise.com.
This consolidation of ownership within United Franchise Group's portfolio reflects broader trends in the franchising industry toward vertical integration and brand strengthening. With Transworld Business Advisors already established as the world's largest business brokerage, full ownership allows for more streamlined decision-making and resource allocation. The move comes as business brokerage services remain essential for entrepreneurs navigating complex transactions in various economic conditions, particularly for those looking to enter franchising or exit existing businesses.
