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Management Profiles

Meet the management team of Sunbelt, the leading business brokerage firm in the world:

John M. Davies - Chief Executive Officer
Mr. Davies started his career with Coopers & Lybrand, an international accounting and consulting services firm. He subsequently joined the Progressive Corporation and was the President and General Manager of Progressive's Diversified Business Group, a specialty underwriting and insurance services operation. John left Progressive to become the CEO of Netrex, LLC, a New York based private equity investment firm specializing in buying and developing insurance and auto related businesses.

In 2001, Mr. Davies and Patrick Enthoven, his long time friend and business partner, founded Merrymeeting, Inc. Merrymeeting has subsequently focused on acquiring and developing franchise systems and related service companies.

Mr. Davies earned a BS in Economics from the University of Kentucky and his MBA from the University of Pittsburgh. He also holds the following professional certifications: Certified Public Accountant (CPA), Chartered Property and Casualty Underwriter (CPCU), Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC). Mr. Davies is also a licensed insurance broker.

Mr. Davies enjoys spending his time golfing, competing in marathons and traveling with his family. He and his wife, Allyn, have two children.


Matt Ottaway, CBI - Brand Manager
Mr. Ottaway graduated from Georgetown University with a B.A. in Classical Languages. He subsequently obtained an MBA at The Weatherhead School of Management. After graduating with a concentration in finance, Mr. Ottaway joined Fifth Third Bank as a commercial officer in the bank's Middle Market lending group where he managed the banking needs of Northeast Ohio companies with sales in the $10MM-$150MM range. He also spent time in the bank's International Corporate Banking group working with foreign-owned subsidiaries prior to joining Sunbelt. Mr. Ottaway is a Certified Business Intermediary (CBI).

In addition to his work activities, Mr. Ottaway currently serves as the President of the Cleveland Association of Phi Beta Kappa. He spends his leisure time traveling with his family, reading, and playing golf and tennis.


Edward T. Pendarvis, CBI - Founder and Chairman Emeritus
Mr. Pendarvis is founder and Chairman Emeritus of Sunbelt. He is a graduate of The Citadel, in Charleston, S.C. Mr. Pendarvis had a successful career in real estate sales and development before joining Sunbelt. Associated with Sunbelt since 1983, he has participated in or managed the sale of over 1,000 businesses. He has been a guest instructor in business brokerage for the Texas Association of Business Brokers, the Florida Association of Business Brokers, the California Association of Business Brokers and the International Business Brokers Association. Mr. Pendarvis is also a Real Estate Broker, a member of the South Carolina Better Business Bureau Board of Directors and serves as member of the IBBA Board of Directors. Ed also serves as a member of the Citadel School of Business Administration Advisory Board.


Jeff Harcourt, CPA - Chief Operating Officer
From 1990 to 1999, Mr. Harcourt served as Controller of The Progressive Corporation's Diversified Business Group in Cleveland, Ohio. Between 1999 and 2001, Mr. Harcourt was Chief Financial Officer of NETREX Holdings, LLC, and was part of Merrymeeting, Inc.'s founding management team in 2001.

Mr. Harcourt graduated from Miami University (Oxford, OH) with a BS degree in Accounting, and in addition to being a certified public accountant, holds the following designations: Chartered Property and Casualty Underwriter, Certified Internal Auditor and Certified Information Systems Auditor.

In his spare time, Mr. Harcourt enjoys spending time with his family, coaching youth athletics and sailing his boat named "For Evan's Sake".


Steve Mueller - Chief Information Officer
From 1995 to 2001, Steve held various systems analysis and design positions at Fortune 500/1000 companies including American Greetings, Inc. and Progressive Insurance's Diversified Business Group. Steve has been the Chief Information Officer of Merrymeeting since its inception in 2001. In 2005, Steve launched Marathon Technology Services, LLC, a Merrymeeting subsidiary providing technology solutions for franchisors, and also functions as President of that subsidiary company. Steve graduated from Miami University (Oxford, OH) with a BS in Business with a major Management Information Systems.

In his spare time, Steve enjoys spending time with his wife Amy and daughter Madeline, watching and playing sports and enjoying Summers on Lake Erie.