IT ExchangeNet Forms Joint Venture with Smart Business Magazine

Walnut Creek, CA, July 22, 2016 -- IT ExchangeNet, a leading online buyer/seller marketplace of more than 50,000 global IT decision makers, has formed a joint venture with Smart Business to create the SBN IT M&A Marketplace on behalf its 80,000+ readers nationwide.

Smart Business is a national chain of business management journals offering insight, advice and strategy for C-level executives. The publishing leader has featured more than 27,000 of the nation's top CEOs ranging from Ted Turner to Mark Cuban, and has received repeated accolades for journalistic excellence.  Smart Business Magazine boasts connectivity with some of the country's best and brightest entrepreneurs. In addition to its publications, Smart Business presents more than 20 high-level business conference and events programs each year, and operates a book publishing division.

The new SBN IT M&A Marketplace, powered by IT ExchangeNet, connects buyers and sellers of IT-enabled businesses from across the country. Businesses for sale will include IT services, Software-as-a-Service, APP developers, data centers, IT integrators and more.

Fred Koury, CEO of Smart Business Network, Inc. (SBN), is enthusiastic about the joint venture. "IT ExchangeNet has a unique offering of IT-enabled businesses for sale throughout the U.S. They focus on small to mid-market businesses who are typically underserved when it comes to the mergers and acquisitions space.  We believe the new SBN IT M&A Marketplace will play a crucial role for our readers seeking to buy or sell an IT-enabled business."

The SBN IT M&A Marketplace complements the recent ASPIRE deal maker conference, hosted by Smart Business in Cleveland. The conference brought together the region's entrepreneurial, deal making, and investor communities for a day-long event filled with keynote speakers, panel discussions and power networking, including the CEO of Charles Schwab.  

According to Tim Mueller, CEO of IT ExchangeNet, "This is a significant opportunity to partner with an established network of national leaders and decision makers. Our assets will now be introduced online, in print, and through SBN's newsletter subscribers throughout the U.S. We're thrilled by this partnership and anticipate more sellers of mid-market IT businesses will seek to leverage the SBN IT M&A Marketplace."