header
Acquisition StrategyAcquisition CriteriaAcquisition ProcessTarget Markets
 
 
Cleveland Franchisor Acquires Inner Circle Franchise Print E-mail

CLEVELAND, OH, May 21, 2008 – MMI Peer Advisory Services, LLC, a subsidiary of Merrymeeting®, Inc. (MMI), has acquired the assets of Inner Circle International, Ltd. Inner Circle is a peer advisory franchise organization with ten franchised locations in the United States.

“I look forward to working with the new management team and I am excited about what MMI can do to help Inner Circle reach its full potential,” stated Norm Stoehr, Inner Circle Co-Founder.

Inner Circle currently has circles in Maryland, Tennessee, California, Minnesota, Wisconsin and Maine. Each circle is comprised of entrepreneurs who meet monthly to exchange ideas, solve problems, set goals and clarify visions about their businesses.

“We are very excited about the Inner Circle franchise concept and believe it has excellent synergies with several of MMI’s franchised brands,” added John Davies, CEO of MMI. “We look forward to working with Norm and the other Inner Circle office owners.”

About Inner Circle
Inner Circle was founded in 1985 in Minneapolis, Minnesota and began franchising in 1997. The company is a peer advisory franchise that provides a confidential environment for small and medium-sized business owners to discuss a variety of topics related to business ownership and management. More information about Inner Circle locations and services is available at www.theinnercircle.com.

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.