PRESS RELEASE: Allbiz Deal Room Grows 700% on the Back of COVID and Business Owners Looking to Sell

Latest Press Release

The Allbiz deal room helps SME’s owners and business brokers list and sell businesses and partnerships using a new digital Business Sales Platform. The business reports a 300% increase in closing rates due to its integration of AI into the business sale process. The platform was initially part of the Mark Bouris, Mentored group but rebranded in early 2020 and is now in discussions with international partners to expand its growing buyer and seller database.

Mark Bouris and partner Matt Holland founded the company in late 2018 as an alternative business sales and investment platform. In late 2019, Mike Manassen joined the company after acquiring a 50% stake in the platform from Bouris. Manassen said “we’d planned a big launch and rebrand in early 2020 and then COVID paused our plans. “At that point, we had to rethink the direction of the platform”. “Whilst there’s a long way to go, we are pleased to have grown the platform over 700% in the 12 months”. Manassen, son of the well-known entrepreneur Roy Manassen, sold his business, Manassen foods in 2011 for a reported $500m.
Allbiz plans to launch several new technology solutions for the industry in 2021 and wouldn’t rule our strategic acquisitions to assist their growth plans.

www.allbizsales.com

January 22, 2021/by Reland Pigte

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