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Transcontinental Purchases Acquizition.biz

Thursday, May 08, 2008

Press release from the issuing company

Montreal, May 7, 2008 – Transcontinental Inc. today announced the purchase of Acquizition.biz, Canada's largest Web-based platform for buying and selling businesses. Acquizition.biz offers more than 1,500 listings representing over 20 sectors of activity, including services, manufacturing, warehousing, processing, technology, retail, transport, the restaurant industry and lodging.

Acquizition.biz connects business people confidentially, efficiently and affordably through a platform that encourages transactions, and that also facilitates the search for strategic or financial partners. Customers and members include entrepreneurs, business brokers, franchisors, financial institutions and professional consultants.

"Transcontinental is committed to serving targeted communities of interest-in this case business people, and more specifically entrepreneurs," said Pierre Marcoux, Vice President, Business Publications and Book Publishing, Transcontinental Media. "Integrating a digital platform like this with Transcontinental's business publications truly complements our offering for this community."

Since its creation in 2004, Acquizition.biz has proven to be a cost effective tool for its more than 40,000 members who wish to buy and sell small and medium sized businesses.

For his part, André Forest, co-founder and President of Acquizition.biz, said, "We are connecting Acquizition.biz with Transcontinental's network of business publications which can only enhance and improve our offering for customers, partners and members. I am thrilled to work with the Transcontinental team."

For more information, please visit www.acquizition.biz.




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