Transworld Business Advisors Expands Footprint with Richland Hills Acquisition
Deal News | Mar 19, 2025 | EIN
Transworld Business Advisors of Dallas-Fort Worth Central, led by franchise owners Al and Jessica Fialkovich, has expanded by acquiring a location in Richland Hills, enhancing their market presence. The acquisition is part of their strategy to strengthen their position within the global brand and improve operational efficiency with their growing footprint. George Albright, the previous franchisee of the Richland Hills location, joins as a senior business broker, leveraging his local network to benefit the business. The Prospere Companies, which owns the franchise, remains a powerful player in the market with its vertically integrated divisions.
Sectors
- Business Brokerage
- Franchising
Geography
- United States – The acquisition and business operations take place primarily in Texas, USA.
- Dallas-Fort Worth, Texas – The focus of the acquisition and expansion is within the Dallas-Fort Worth area, particularly Richland Hills.
Industry
- Business Brokerage – The article discusses the acquisition within the context of business brokerage services, highlighting how Transworld Business Advisors facilitate buying and selling businesses.
- Franchising – Involves the expansion of a franchise location which falls under the franchising industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Transworld Business Advisors of Dallas-Fort Worth Central | Acquirer | Company | A leading franchise within the business brokerage sector, expanding its reach by acquiring new locations. |
| The Prospere Companies | Investment Firm | Company | The investment group behind Transworld Business Advisors, known for its strong market operations and diversified business divisions. |
| Al Fialkovich | CEO | Person | The CEO of Transworld Business Advisors of Dallas-Fort Worth Central, leading the expansion. |
| Jessica Fialkovich | Franchise Owner | Person | Co-owner of the franchise involved in the acquisition. |
| George Albright | Senior Business Broker | Person | Former franchisee of the Richland Hills location, now part of the Transworld team. |