FranChoice Announces Merger with FranchiseBuyer

FranChoice, the premier network of Franchise referral consultants in the United States, announced today that it has merged with Portsmouth, N.H.-based FranchiseBuyer. FranchiseBuyer was formally a wholly-owned subsidiary of franchise Solutions, a leader in Web based franchise information and resources. "

This merger will provide our consultants with a significant boost in leads from a proven leader in franchising,” said Steve Hockett, president of FranChoice. “Our focus on results and performance, combined with the increased size and scale of our franchisor and consultant network will be a win-win situation for everyone involved.”

From the beginning, FranChoice has been committed to its Mission Statement: "Helping People Realize Their Dreams." Today, a national team of consultants expertly guide individuals through the overwhelming process of franchise research and selection, making FranChoice the premier matchmaker in the franchise industry. By developing a unique and thorough system of candidate qualification, consultant training and franchise selection, FranChoice has helped thousands of entrepreneurs find a great franchise opportunity.

"Our view of this merger is that both Franchise Solutions and FranChoice can each concentrate on building our respective core businesses for mutual benefit,” said Matt Alden, president of Franchise Solutions. “With our reach across the Franchise Solutions Network and track record for generating quality sales leads combined with FranChoice’s scale and operating systems, we believe that even more success can be achieved.”

Under the merger agreement, both Hockett and Alden will maintain their respective positions at FranChoice and Franchise Solutions.

About FranChoice

FranChoice is the premier network of franchise referral consultants in the United States. FranChoice consultants guide prospective franchisees through all stages of the business ownership process, from franchise investigation to the final sale, matching each individual’s interests, talents and investment level with a strong franchise business.

About Franchise Solutions

Franchise Solutions was founded in 1993 with the mission to help aspiring business owners find the right franchise for them, and to help franchisors lower their franchisee recruitment costs. Today, Franchise Solutions continues to reach thousands of prospective franchise buyers every day on behalf of its several hundred advertisers and is changing the face of franchise marketing by creating Web sites, direct email campaigns, and various marketing collateral for franchisees and franchisors around the United States.