Sunbelt Opens Second Office in Australia

CLEVELAND, OH, May 15, 2007 – Sunbelt®, the largest international business brokerage network, welcomes Darren and Melissa Walmsley as the owners of the Sunbelt of North Adelaide office. The new office will also serve as the regional office for South Australia.

“As former small business owners, Darren and I understand the preparation and detail required in the selling process,” stated Melissa Walmsley. “We look forward to utilizing our experience to provide value to buyers and sellers in South Australia.”

The North Adelaide office also welcomes the addition of Adelaide business broker Richard Hall. Mr. Hall won the “South Australia Business Broker of the Year” award in 2006 and the “Australian Business Broker of the Year” award in 2007.

“We are extremely happy that a person with Richard’s experience has chosen to join our office,” stated Darren Walmsley. “This will go a long way to giving the Sunbelt brand the credibility it deserves in the South Australian market.”

Sunbelt specializes in sales aligning business buyers and sellers across a range of markets, including general business (gross revenues of $2 million or less and mostly owner-operated) and larger businesses (transaction values between $2 million and $30 million). Sunbelt of North Adelaide’s focus compliments the area’s growing business climate comprised of industries such as manufacturing, healthcare and electronics.

Sunbelt was founded in 1978 in Charleston, South Carolina and began franchising in 1993. The Company specializes in helping individuals and companies buy and sell businesses in all four areas of the private business market: Main Street Business Sales, Franchise Sales, Franchise Resales and Mergers & Acquisitions. There are currently 300 Sunbelt offices on six continents. To learn more, please visit www.sunbeltnetwork.com.