United Franchise Group has acquired full ownership of its Transworld Business Advisors brand, the leading global business brokerage organization. The acquisition positions UFG as sole owner of the franchise network that helps entrepreneurs sell, buy, and franchise their businesses through over 200 offices and 1,000 agents worldwide.
Ray Titus, chairman and CEO of United Franchise Group, stated that the acquisition makes both organizations stronger than ever. The franchise has experienced tremendous growth since joining UFG's family of brands in 2010, becoming the world's largest business brokerage. As sole owners, UFG is now positioned to take the brand to the next level alongside its talented team of advisors.
As part of the acquisition, TBA's former CEO and partner Andy Cagnetta will focus on leading his Fort Lauderdale franchise location, which is the largest in the network. Jim "JT" Tatem will remain as TBA president, a position he has held since 2024. This leadership continuity suggests stability during the ownership transition.
Titus emphasized that this move represents a positive step forward for the future of TBA and the critical role it plays in helping entrepreneurs. The corporate team continues their commitment to help franchise owners and their clients complete more business transactions. UFG sees significant opportunity to attract new franchisees and accelerate expansion both nationwide and globally.
For business leaders and entrepreneurs, this consolidation signals potential for enhanced services and expanded reach in the business brokerage market. The full integration under UFG's ownership could streamline operations and provide more comprehensive support for franchise owners. This development comes at a time when business transactions and franchising opportunities continue to grow globally.
United Franchise Group is a globally recognized leader in franchising with over 1,800 franchises across more than 80 countries. The organization empowers entrepreneurs through proven franchise systems, multi-unit growth opportunities, and industry-leading support. Its portfolio includes multiple brands across various sectors, with 40 years of franchising experience helping develop over 350 successful franchise brands.
Transworld Business Advisors brings over 40 years of business brokerage experience to the partnership, specializing in helping buyers and sellers connect, conducting franchise consultations, and supporting franchise development. The company represents acquisition-minded corporations or individuals interested in owning their own company or franchise, with business sale specialists representing numerous listings across multiple industries.
For more information about United Franchise Group, visit https://www.UnitedFranchiseGroup.com. To learn more about Transworld Business Advisors franchise opportunities, visit https://www.tworldfranchise.com.
