| Merrymeeting Acquires Majority Interest in Computer Troubleshooters |
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CLEVELAND, OH, February 5, 2008 – Merrymeeting®, Inc. (MMI) recently acquired a majority interest in Computer Troubleshooters® International (CTI) and Computer Troubleshooters USA (CT USA). Computer Troubleshooters is the world’s leading computer service franchise with 500 franchised locations in more than twenty countries. “MMI has provided management experience and other resources that have aided in the continued success of CT in the United States,” stated Chip Reaves, CEO and co-owner of CTI and CT USA. “I am confident that extending that relationship to CT International will only have the same positive impact.” Merrymeeting began its relationship with Computer Troubleshooters in December 2006 when it acquired a one-third interest CT USA. “Strengthening our relationship with Computer Troubleshooters compliments the growth objectives we have for MMI and our brands,” added John Davies, CEO of MMI. “CTI’s international footprint will increase our world presence to nearly thirty countries.” CTI was founded in 1996 by Wilson and Suzanne McOrist and began franchising in the United States in 1999. CTI and CT USA provide a full range of computer and technology solutions to small-business owners and residential users. Computer Troubleshooters specialists are fully-trained experts in managing a broad range of computer and technology challenges. More information about CTI and CT USA locations and services is available at www.comptroub.com. About Merrymeeting, Inc. |
