| Merrymeeting, Inc. Acquires Interest In CT USA |
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CLEVELAND, OH, December 4, 2006 - Merrymeeting®, Inc. (MMI) is pleased to announce the acquisition of a one-third interest in Computer Troubleshooters® USA, Inc. (CT USA). CT USA currently has 240 franchised locations in 37 states. “We are thrilled about the opportunity to work with the MMI team,” stated Chip Reaves, CEO of CT USA. “Their financial and managerial resources will enable us to enhance and expand CT USA’s service offerings and number of franchised locations.” “Chip has successfully developed Computer Troubleshooters throughout the U.S.,” stated John Davies, Merrymeeting CEO. “We look forward to working with him to implement new growth strategies.” Since 1999, CT USA has been the United States Master Franchisee for Computer Troubleshooters (CT), the world’s number one computer service franchise. CT was founded by Wilson and Suzanne McOrist in 1996 and is headquartered in Bonville, Australia. The Computer Troubleshooters franchise network has grown to over 450 franchised locations in 22 countries. For more information about Computer Troubleshooters, please visit www.comptroub.com . MMI is a Cleveland-based investment and management firm that exclusively focuses on acquiring and developing franchisors and master franchisees. MMI currently supports more than 1,400 franchised locations on six continents through its four wholly-owned franchisor subsidiaries and its investment in CT USA. To learn more about Merrymeeting, please visit www.merrymtg.com. |
