ARCHIVED  May 14, 2004

Company builds success on selling businesses

FORT COLLINS — John Smith and Chris Frevert saw an opportunity when they were structuring their new business, intermediary and brokerage firm Citadel Advisory Group.
While there were business brokers in the region, Smith said, ?No one was really helping middle market business owners who had larger businesses to sell.?
The partners also saw opportunities in the economy and demographics of the time. Smith explained: ?A lot of the baby boomer generation is being displaced by corporate America. They?ve cut their teeth on growing and building businesses for their employers and now they?re ready to do it themselves. They?re looking…

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