Murphy Business & Financial Corporation, North America’s leading, full-service business brokerage firm with more than 150 offices in the United States and Canada, announced that it is entering a new chapter in its illustrious 20-year history.
The Clearwater, Fla.-based franchisor, widely recognized for its track record in facilitating business sales, purchases, consulting, valuations, mergers and acquisitions, has received a growth investment from Greybull Stewardship in exchange for minority ownership.
The investment will support Murphy Business’ strategic growth initiatives in the United States and Canada. Plus, it will enhance the market-leading training and technology resources for the entire Murphy Business network. Greybull Stewardship, and its principal Mason Myers, have built a distinguished reputation by investing in unique, well-managed companies with strong executive leadership. Investing in Murphy Business continues this hallmark of Greybull’s investment strategy of keeping great management teams in place and giving them a free hand to manage the business.
“We were attracted to the Greybull Stewardship philosophy of working with companies that have strong a strong competitive advantage,” said Roger Murphy, CEO and president of Murphy Business & Financial Corporation. “Mason is hands-off and values the Murphy leadership team, yet offers great insight when asked, especially with strategic planning. Greybull’s investment in our company will allow us to remain well-funded as we pursue growth.”
Greybull Stewardship seeks to invest in companies that are market leaders with strong competitive advantages, and supports its investments with a source of capital that allows companies to maintain their uniqueness. In pursuit of Greybull’s mission to build a perfect home for its investments that is different from most private equity investors, it utilizes an evergreen fund structure that does not force its investments to be sold on a specific time frame.
“Roger Murphy has done an excellent job securing Murphy Business & Financial Corp. as the industry leader in business brokerage across the United States and Canada. His reputable organization is poised for ongoing growth, and Greybull Stewardship is excited to provide support for this unique organization as it continues to change the way business brokerage is conducted in North America,” Myers said. “I am excited to follow Roger’s lead on how to strengthen Murphy Business’ leadership position in business brokerage.”
Murphy Business brokers have unsurpassed access to buyers and business sellers across North America. The company’s proven process and system provides clients with the means to achieve their goals through a more successful and confidential business transaction. Clients seeking business brokerage or valuation service enjoy a complete, thorough and professional experience with Murphy brokers.
Offering entrepreneurs both regional developer and franchisee operating models, the Murphy Business home office supports both groups and their agents with extensive training, along with initial and ongoing marketing efforts that leave Murphy Business owners to focus on the most import part of their business – growing it.
May 1, 2016