Pioneer in online business brokerage poised for growth.
Norfolk, VA (PRWEB) June 8, 2006 -- BusinessBroker.net announces that it has been acquired by Landmark Communications, Inc. The acquisition signals BusinessBroker.net’s commitment to continued growth and investment on behalf of its valued clients.
Launched in 2000, www.BusinessBroker.net is now one of the most heavily-trafficked marketplaces of businesses for sale, commercial real estate properties and franchise opportunities on the Internet. Its advertising customers include business and commercial real estate brokers, franchise companies, as well as thousands of independent business and commercial property owners.
By offering prospective buyers access to nearly 30,000 businesses for sale, commercial real estate properties and franchise opportunities, BusinessBroker.net provides one of the largest and most comprehensive business opportunity marketplaces on the Internet. As a result, BusinessBroker.net has more registered business buyers than any other business resale site in the world.
BusinessBroker.net co-founders Shane Farley and Kevin Carnegie will continue their leadership and are looking to leverage Landmark Communication’s significant resources and multiple media businesses to create dramatic growth for the company. “We have built a tremendously valuable Internet platform that connects buyers and sellers of businesses, commercial real estate and franchise opportunities. As a part of the Landmark family, we now look forward to deepening our presence in all areas and providing new valued services to our clients,” says Farley.
For Landmark Communications, the acquisition provides an additional platform in the online lead generation and direct marketing industry. Michael Alston, Landmark’s vice president of corporate development, commented, “The Internet is a phenomenal resource for business buyers and sellers, and we are very excited to acquire a true leader in the space. BusinessBroker.net helps to connect tens-of-thousands of buyers and sellers each month, and we are delighted to be able to leverage our diverse media platform to help extend the business into new areas.”
BusinessBroker.net was a pioneer in aggregating business and real estate classified listings online, a space that includes Yahoo’s CityFeet (NASDAQ:YHOO), Google Base (NASDAQ:GOOG), LoopNet’s BizBuySell (NASDAQ:LOOP), and Craigslist (NASDAQ:EBAY).
About BusinessBroker Network, Inc.
BusinessBroker.net is a leading marketplace for businesses for sale, commercial real estate properties and franchise opportunities on the Internet. Every month almost 1,000,000 prospective buyers, sellers and brokers visit the company’s online marketplace, looking for the perfect opportunity. The marketplace consists of nearly 30,000 business and commercial real estate for sale ads that have been placed by a thousand member brokerage offices and thousands of independent business owners. BusinessBroker.net also provides visitors with full color web brochures for over 200 franchise and business opportunities. For more information on BusinessBroker.net, visit http://www.BusinessBroker.net.
About Landmark Communications, Inc.
Landmark Communications is a privately-held multimedia company with interests in newspapers, broadcasting, cable programming, broadband services, interactive marketing, Internet video distribution, adult education, and other areas. Based in Norfolk, VA, Landmark employs more than 5,500 people in 24 states. Landmark owns The Weather Channel®, weather.com®; WSI Corporation (a provider of weather presentation systems and data); CBS-TV affiliates NewsChannel 5 Network in Nashville and KLAS-TV in Las Vegas; and Q Interactive, a leading Internet-based direct marketing company. Landmark's newspapers include The (Norfolk) Virginian-Pilot, the Greensboro, NC News & Record; The Roanoke (VA) Times and Landmark Community Newspapers, Inc. Landmark is part owner of Trader Publishing Company and Capital-Gazette Communications, Inc.
Contact:
Shane Farley
BusinessBroker Network, Inc.
1-877-342-9786
Michael Alston
Landmark Communications, Inc.
757-446-2080
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