United Franchise Group has acquired full ownership of Transworld Business Advisors, the global business brokerage organization within its portfolio. This move consolidates UFG's control over what it describes as the world's largest business brokerage, which assists entrepreneurs in selling, buying, and franchising businesses through over 200 offices and 1,000 agents worldwide.
Ray Titus, chairman and CEO of United Franchise Group, stated the acquisition strengthens both organizations. Transworld Business Advisors joined UFG's family of brands in 2010 and has since grown significantly. Titus indicated that as sole owners, UFG is now positioned to elevate the brand further alongside its existing leadership team.
As part of the ownership transition, Andy Cagnetta, TBA's former CEO and partner, will shift focus to leading his Fort Lauderdale franchise location, which is the largest in the network. Jim "JT" Tatem will continue as TBA president, a role he has held since 2024.
Titus emphasized this development as a positive step for TBA's future and its role in facilitating business transactions for entrepreneurs. He noted the corporate team's ongoing commitment to helping franchise owners and their clients complete more deals. Titus also highlighted a significant opportunity to attract new franchisees and accelerate expansion both nationally and globally.
For more information about United Franchise Group, visit https://www.UnitedFranchiseGroup.com. To learn more about Transworld Business Advisors, visit https://www.TWorldFranchise.com.
This acquisition matters because it centralizes control of a major player in the business brokerage industry under a single franchising powerhouse. For entrepreneurs and small business owners, it could mean more streamlined services and potentially faster deal-making processes when buying or selling businesses. The industry impact includes possible accelerated franchise growth and increased market consolidation, which might affect competition and service availability in business brokerage. Globally, it reinforces the trend of large franchising groups expanding their service portfolios, potentially making it easier for international entrepreneurs to access business brokerage services through an established network.
