Transaction Announcement - Consumer Electronics Business

Transaction Announcement - Consumer Electronics Business
Denver, Colo., United States (May 20, 2019) – Transworld Business Advisors of Colorado, a leading business brokerage firm in the state of Colorado, is pleased to announce that a consumer electronics business traded hands.
This consumer electronics business specializes in hardware that connects to cameras and allows users to control their camera wirelessly from their smartphone. The Business makes a variety of devices depending on user’s needs and desired price point, and sells directly to consumers from their website and through Amazon. The Business currently serves over 40,000 customers in over 90 countries. The prior owner was ready to make a career move, and the new owner is excited to expand into additional markets.
About Transworld Business Advisors of Colorado
Transworld Business Advisors of Colorado has proudly held the #1 ranking since 2016 among 250+ global franchises. Our Colorado franchise operates in Denver, Boulder, Fort Collins, Colorado Springs, Aspen, and Grand Junction. We are owned by Prospere Companies, a private investment firm with a diverse portfolio spanning Colorado, Texas, and Nevada, specializing in mergers and acquisitions.
Over the past 12 years, our team has worked with 2,500+ business owners, guided over 15,000 entrepreneurs, facilitated 1,500+ successful transactions, and achieved a 546% higher close rate than the industry average.
As the leading business brokerage firm in Colorado, we’ve earned multiple recognitions, including:
- Six-time honoree on the Inc. 5000 List, an achievement attained by only 4% of companies.
- Most Referred Middle Market Advisory Firm on the Axial Advisory 100 List, highlighting our dedication to client success.
Our expert team is passionate about helping businesses navigate the complexities of buying, selling, and growing. Our services include:
- Seller and buyer representation
- Business sale preparation
- Franchise sales and development
- Exit planning services through our partnership with Exit Factor
- Commercial real estate transactions in collaboration with Transworld Commercial Real Estate
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