Centerpoint Acquires Edmund & Wheeler

FOR IMMEDIATE RELEASE — August 1, 2012

Franconia, NH,  Michael F. Coyle, Principal of CenterPoint Business Advisors, Inc.  (wwwcpointadvisors.com), is pleased to announce that he has acquired the firm of Edmund & Wheeler, Inc. of Littleton, NH.  Edmund & Wheeler, Inc. was founded 25 years ago by George E. Foss III and has become a leader in providing solutions to clients associated with tax free exchanges of real & personal property under IRS Revenue Code Section 1031.  Edmund & Wheeler has earned a top position in this industry having completed thousands of successful exchanges and is the first choice for exchanges that require complicated scenarios.

Edmund & Wheeler, Inc will co-locate with CenterPoint Business Advisors in Franconia, NH but will continue to operate as a separate company with the same service team, including consulting & exchange services by George E. Foss III and John D. Hamrick.  The firm’s services will be integrated with CenterPoint Business Advisors valuation, exit planning & business intermediary services.

Michael F. Coyle states “ I am pleased with the opportunity to integrate Edmund & Wheeler into our family of services.  This acquisition extends our service range while allowing us to better leverage our existing system and resources.  The two companies provide services mainly to the same demographic – clients who wish to re-balance their business and/or property assets into some other form to support their next life stage.  Both firms also work extensively with other professionals (Lawyers, CPA’s, Bankers, Real Estate Professionals & Wealth Planners) in providing a team solution.  I see many synergies that can be realized by combining our professional referral sources.  I am pleased that George will continue to provide leadership to the team around 1031 Exchange topics.  His knowledge and experience in the industry is un-matched and an essential element of our future growth.”

George E. Foss III further states “This is an ideal transaction from Edmund & Wheeler’s perspective. The same people our clients and friends have dealt with in the past are involved and the level of service everybody has enjoyed in the past will only increase with the introduction of new technology and communications systems. Personally, I am looking forward to it.”

The combined offices are now at 651 Main Street, PO Box 863, Franconia, NH 03580
For more information or to discuss our services contact, Phyllis Grima at 603-444-0020 or visit us on line www.section1031.com.