United Franchise Group has acquired full ownership of Transworld Business Advisors, the global business brokerage organization that helps entrepreneurs sell, buy, and franchise businesses. The acquisition positions both organizations for enhanced growth and expansion, with Transworld maintaining its status as the world's largest business brokerage network.
The move represents a strategic consolidation within United Franchise Group's portfolio of affiliated brands. Ray Titus, chairman and CEO of United Franchise Group, emphasized the significance of the acquisition for both organizations. "This exciting acquisition makes both United Franchise Group and Transworld Business Advisors stronger than ever," Titus stated. "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 through over 200 offices worldwide with approximately 1,000 agents and brokers. The organization plays a critical role in connecting business buyers and sellers while providing franchise consultation services. For more information about United Franchise Group, visit https://www.UnitedFranchiseGroup.com.
Leadership changes accompany the ownership transition. Andy Cagnetta, former CEO and partner of Transworld Business Advisors, will now focus on leading his Fort Lauderdale, Florida franchise location, which represents the largest operation within the network. Jim "JT" Tatem will continue serving as Transworld president, a position he has held since 2024.
Titus highlighted the broader implications of the acquisition for entrepreneurs and the business brokerage industry. "This is a positive step forward for the future of TBA and the critical role it plays in helping entrepreneurs sell, buy, and franchise their businesses," he added. "Our corporate team continues their commitment to help our franchise owners and their clients get more deals done. And we see a significant opportunity to attract new franchisees and accelerate our expansion nationwide and globally."
The acquisition strengthens United Franchise Group's position in the business brokerage sector while providing Transworld Business Advisors with additional resources for growth. The organization represents acquisition-minded corporations and individuals interested in owning businesses or franchises across multiple industries. For those interested in franchise opportunities, additional information is available at https://www.tworldfranchise.com.
This ownership consolidation occurs within a broader context of United Franchise Group's expanding global footprint. The organization supports over 1,800 franchises across more than 80 countries through its family of brands, which includes business service concepts and food brands. The acquisition demonstrates continued investment in business brokerage services as entrepreneurs seek professional assistance with business transactions and franchise development.
The complete ownership transition enables United Franchise Group to implement unified strategies across its Transworld Business Advisors network while maintaining the brand's established market position. This development matters because it consolidates resources within the business brokerage industry, potentially improving service delivery for entrepreneurs navigating complex business transactions. The strengthened partnership between the organizations may lead to enhanced support systems for franchise owners and increased accessibility to business brokerage services in new markets.
