Franchise owners Scott and Michelle Hislop expand reach with acquisition of Des Moines, Iowa location and strategy to increase verticals.
WEST PALM BEACH, FL, August 04, 2022 /24-7PressRelease/ — Transworld Business Advisors® (TBA), the world’s largest business brokerage franchise company, announced that Scott and Michelle Hislop, owners of the Minnesota franchise territories, are expanding into an additional state through the acquisition of the Des Moines, Iowa territory.
The expansion enables the Hislops and their staff to widen their scope of services and gain additional agricultural industry clients. They also plan to expand current verticals such as insurance, manufacturing, IT, distribution, staffing, and agricultural businesses within their offerings.
Transworld Business Advisors of Minnesota was started by the Hislops seven years ago with one franchise territory and within their first year of franchise ownership, they secured rights to all territories within the state of Minnesota. The Hislops brokerage has grown during that time to serve the entire state and was rated in the top five producing locations for TBA in 2021.
“When we decided to add Des Moines to our territory, we were really excited,” Scott Hislop said. “We have a farming background and Iowa is a large agricultural state, so this was a natural fit for Michelle and I. Plus, with so many people leaving corporate America and choosing the freedom of running their own business, we’re experiencing a lot of growth and are excited to expand our business offerings in both markets and capitalize on this trend.”
Transworld Business Advisors is part of the family of affiliated brands within United Franchise Group™ (UFG), benefitting from UFG’s global network and almost four decades in the franchising industry.
“Scott and Michelle have contributed significantly to the growth of Transworld Business Advisors in the Midwest, and we see a bright future on the horizon for him in this region,” said Andy Cagnetta, CEO of Transworld Business Advisors.
TBA of Minnesota is consistently one of the top performing franchise locations in the brand. Scott Hislop is a licensed business broker and member of the International Business Brokers Association (IBBA.org). He is a volunteer counselor at Vistage Worldwide, a CEO coaching and peer advisory organization and also volunteers at the MNFFA foundation, the Minnesota branch of the Future Farmers of America. The business is a member of Association for Corporate Growth (ACG.org) and the Minnesota Chamber of Commerce. The Hislops also volunteer at the Beauford Methodist Church.
The Minnesota and Iowa locations will operate separately but will be managed by the same leadership team. The Hislops hope to expand into additional territories which may include other neighboring states.
About Transworld Business Advisors
Transworld Business Advisors® (TBA) is part of United Franchise Group™ (UFG) family of affiliated brands. With over 40 years of business brokerage experience, Transworld Business Advisors is in the business of 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. From business brokerage to mergers and acquisitions, Transworld Business Advisors are business sale specialists that represent numerous listings across multiple industries. For more information about Transworld Business Advisors in Minnesota and Iowa visit www.tworldminnesota.com. For information about owning a Transworld franchise, visit www.tworldfranchise.com.
About United Franchise Group
Led by CEO Ray Titus, United Franchise Group™ (UFG) is home to an affiliated family of brands and consultants including Accurate Franchising Inc.™, Exit Factor™, FranchiseMart®, Fully Promoted®, Signarama®, Transworld Business Advisors®, and the Coworks™ division consisting of Franchise Real Estate™, Network Lead Exchange™(NLX), Office Evolution® (OE) and Venture X® as well as a food division featuring Graze Craze® and The Great Greek Mediterranean Grill®. UFG affiliated brands include over 1600 franchises in more than 60 countries, with consultants that have helped develop over 350 brands into franchises, in over 80 countries with more than 2500 franchisees. With over three decades in the franchising industry United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.
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