
February Franchising World Features Article by John Davies
“Time to Acquire Another Brand?”, written by Merrymeeting, Inc. CEO John Davies, was recently published in the International Franchise Association’s February issue of Franchising World. In the article, Davies discusses acquisitions as a viable option to grow your franchise company during an economic downturn.
“Merrymeeting has grown tremendously through our acquisitions and it is a great privilege to be able to share what we have learned with other franchisors,” stated John Davies.
In “Time to Acquire Another Brand?”, Davies discusses the steps of the acquisition process. He stresses the importance of assessing the performance of existing operations and understanding how the acquisition will be funded.
“In today’s tight credit market, you cannot assume that you will be able to borrow money. It is important for management to understand their business’ financial stability and potential funding sources,” added Davies.
The International Franchise Association (IFA), founded in 1960, is a membership organization of franchisors, franchisees and suppliers. Franchising World is the IFA’s official magazine and is published monthly. “Time to Acquire Another Brand?” is featured on pages 34 and 35 of the February issue.
About Merrymeeting, Inc.
Merrymeeting, Inc. is a Cleveland-based investment and management firm that exclusively focuses on the acquisition and development of franchised brands. MMI currently supports more than 1,700 franchised locations on six continents through its seven franchisor subsidiaries: Frontier Adjusters, Sunbelt, MTOclean, Inspect It 1st, FranStop, Computer Troubleshooters and Inner Circle. To learn more about Merrymeeting and its brands, please visit www.merrymtg.com.