15 May SAM GOLDENBERG & ASSOCIATES APPOINTED THE SUNBELT NETWORK’S EXCLUSIVE AFFILATE FOR NEW MEXICO
Santa Fe Business Brokerage Sam Goldenberg & Associates (SGA)
Expands to Service the Entire State
Santa Fe, NM, May 15, 2014–Sunbelt® (www.sunbeltnetwork.com), the world’s largest network of Main Street and Lower Middle Market business intermediaries, finalized an agreement with Michael Greene, president of Sunbelt’s northern New Mexico affiliate Sam Goldenberg & Associates (Santa Fe, www.SamGoldenberg.com) to be its exclusive representative for the state of New Mexico. Long-time Albuquerque Sunbelt Broker Doug Anderson has retired.
“We are pleased Michael Greene and his team will anchor New Mexico for the Sunbelt Network,” says Sunbelt president and CEO John Davies. “When Doug Anderson notified us he was ready to leave, we looked for the best solution. Sam Goldenberg & Associates was our first choice.”
Davies’ conviction is based on SGA’s consistent high performance and longevity in New Mexico.
2014 is already on track to be a record-breaking year for the Santa Fe-based business brokerage. Since the start of 2014, SGA sold four businesses and concluded several asset sales and business valuations. SGA has four businesses under contract, is finalizing several more offers, and has an active portfolio of 27 businesses for sale. Greene reports that several more listings are in the pipeline.
This robust activity makes Greene bullish about New Mexico’s main street businesses, but he cites another reason for acquiring Sunbelt Albuquerque.
“We advocate buying an established business as a proven strategy to gain market share,” says Greene. “Becoming the Sunbelt brokerage for all New Mexico demonstrates our belief in this policy.”
In June 2011, Sunbelt designated SGA as its affiliate for the 12-county northern New Mexico territory. SGA’s footprint currently reaches from Roswell, NM to Durango, Colo. The acquisition of Sunbelt Albuquerque more than doubles SGA’s Sunbelt territory.
Greene will continue to leverage the co-brands of Sam Goldenberg & Associates and Sunbelt Albuquerque and will be launching a new SunbeltNewMexico.com website in the next several weeks.
“The Sunbelt Network is recognized throughout North America and beyond,” says Greene. “Many consider Sunbelt Albuquerque the authoritative business brokerage for central and southern New Mexico. However, when you think of buying or selling a business in northern New Mexico, you think of Sam Goldenberg & Associates.”
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About Sam Goldenberg & Associates
Established in Santa Fe in 1983, Sam Goldenberg & Associates is New Mexico’s oldest and most successful business brokerage and New Mexico’s exclusive representative of the Sunbelt Network. After taking the helm of SGA in 2007, president Michael Greene has grown the company into the New Mexico business brokerage with the highest volume of businesses listed and sold. SGA is a member of the International Business Brokers Association (IBBA), the Santa Fe Chamber of Commerce, and the Better Business Bureau. To learn more, please visit www.samgoldenberg.com.
About Sunbelt
Sunbelt was founded in 1978 in Charleston, South Carolina and began franchising in 1993. The Company specializes in helping individuals and companies buy and sell businesses in all four areas of the private business market: Main Street Business Sales, Franchise Sales, Franchise Resales and Middle Market. There are currently 250 Sunbelt offices on five continents. To learn more, please visit www.sunbeltnetwork.com.
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If you would like more information about this topic, please contact Julia Munde, Media Relations at 505-820-9230 or email at jmunde@samgoldenberg.com.