SOURCE: Certified Business Brokers

Certified Business Brokers

November 10, 2009 13:10 ET

Certified Business Brokers Represents US Global Mail in Sale of Business

Certified Business Brokers Handled the Transition of Ownership of US Global Mail, an Internet-Based Subscription Shipping Service Headquartered in Houston, to Randy Nibber, Former CFO of an Overseas Business Unit of Aker Solutions

HOUSTON, TX--(Marketwire - November 10, 2009) - Certified Business Brokers (CBB) acted as intermediary in the sale of US Global Mail, an internet-based subscription shipping service headquartered in Houston. The company provides mail forwarding and product fulfillment solutions to American expatriates, individuals living in other countries who purchase American goods, and companies both domestic and abroad that are involved in international commerce.

Barry Wisnevitz founded US Global Mail in 2002 in response to his international customer requests from his retail postal center for a "drop box" from which mail and products could be shipped, received or stored. It grew with a life of its own to a size that necessitated the leasing of a new building to support the operation. Wisnevitz, having multiple business interests, knew it was time to find the right person to acquire US Global and take it to the next level.

"I contracted with CBB to sell my business because my father worked with them when he was looking for a business to buy 20 years ago. They surpassed my expectations by selling the business in 59 days, with three offers in one week. Rose Stabler, the CBB broker who closed the deal, practically held my hand through the entire process and made it easy as 1-2-3. It went so smoothly. I'm excited about US Global's future under Randy's ownership," said Wisnevitz.

Mr. Nibber has big plans for US Global Mail. "My growth strategy is focused on corporate clients. Having spent over ten years in an international company, I intend to use my familiarity with the expat community to tailor customized solutions for them," said Nibber. "I'm in negotiations with my landlord to purchase the building and property on Memorial Drive so I will have plenty of room to expand."

"In working with Barry and Randy it was clear from the first meeting that it was a perfect match for both parties and that the future of US Global was going to be in good hands. Randy's personal and professional experience as an expat while working for a large corporation gives him an insightful understanding of the business and its growth potential," added Rose Stabler.

CBB provided valuation and marketing services and represented the seller in the sale. Doug Ashby and Rose Stabler handled the details of the transaction.

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About Certified Business Brokers (CBB):

Certified Business Brokers, headquartered in Houston, is Texas' largest business brokerage firm. CBB is a founding member of the International Business Brokers Association (IBBA) and the Texas Association of Business Brokers (TABB). They are also members of Association for Corporate Growth (ACG) and M&A Source. They are specialists in Business Brokerage, Mergers and Acquisitions, and Business Valuations and Appraisals.

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