Sunbelt Expands into India – A leading business brokerage firm in USA.
October 10, 2007 (PRLEAP.COM) Business NewsSunbelt®, the place to go to buy or sell a business, is pleased to announce that an existing franchisee, Satish Patel, has recently purchased Master Franchise rights to expand operations into India. Mr. Patel, who currently owns eight territories in New England, will be opening offices in the Indian states of Maharashtra and Gujarat.
“As the largest business brokerage network in the world, Sunbelt routinely handles complex international transactions. This depth of experience benefits everyone connected to our network: buyers, sellers, franchisees and brokers,” stated Satish Patel. “I am eager to expand those capabilities and services into India.”
Sunbelt’s focus will compliment India’s growing business climate, comprised of industries such as financial services, healthcare, biotechnology and telecommunications.
Mr. Patel has over twenty years of diversified experience with building, acquiring and selling businesses. Prior to joining Sunbelt, Mr. Patel was instrumental in the international expansion of a software company, as well as engineering many merger and acquisition transactions. He also successfully built and sold a chain of twelve retail stores. Satish currently resides in the Boston area and owns several small businesses throughout New England.
Sunbelt specializes in helping individuals and companies buy and sell businesses in all four areas of the private business market: Main Street, Franchise Sales, Franchise Resales and Mergers & Acquisitions. Sunbelt is a wholly-owned subsidiary of Merrymeeting®, Inc. (MMI), a Cleveland-based investment firm specializing in the acquisition and development of franchised brands. MMI currently operates four franchise systems with more than 1,200 franchised locations worldwide. Please visit http://www.sunbeltne.com to have more information.