FOR IMMEDIATE RELEASE                                                                                1/4/2012

(Virginia Beach, VA)  Frank Chebalo, commercial real estate agent / business broker with Advanced Business Brokerage, has received the prestigious International Business Broker Association’s “Certified Business Intermediary” (CBI) designation.

To qualify for the certification, Chebalo had to:

• Successfully complete 64 credit hours of IBBA courses, passing each course exam with a score of at least 75%.  Courses include ethics, financial analysis, business pricing and valuation, legal and tax classes.
• Agree to follow the IBBA’s Code of Ethics and submit personal references.

In addition, Chebalo will be required to participate in continuing professional development activities.

“It is an achievement to receive the certification,” said Pat Appelhans, President of  IBBA.  “It signifies that Chebalo is an accomplished business intermediary who will provide his clients with the highest standards of professional service.”

Chebalo is one of “a few” commercial real estate agents / brokers in Virginia to hold the CBI designation.  “I am honored to be one of a small number of brokers who hold this certification,” said Chebalo.  “It assures my clients that they are dealing with a professional who is knowledgeable about business sales and has their best interests in mind.”

Robert K. Adams has successfully completed the certification process with the middle market investment banking association (MMIBA) and its affiliate, the national association of certified valuation analysts (NACVA®) to earn his chartered merger and acquisition professional (CMAP) designation. The CMAP certification is conferred by MMIBA and administered by NACVA. in his announcement, NACVA chief executive officer, Parnell Black, MBA, CPA, CVA, noted, ”the chartered merger and acquisition designation is an indication to the professional community that Mr. Adams has met the association’s rigorous standards of professionalism, expertise, objectivity, and integrity in the field of mergers and acquisitions.

Long-time NACVA member, Dennis Roberts, CPAJABV, CVA, chairman of the middle market investment banking firm, the McLean group, partnered with NACVA to develop MMIBA and the CMAP training program. According to Roberts, “the rigorous training program is the first totally comprehensive M&A training course to contrast and compare the buy side and the sales side perspectives of middle market M&A. Understanding the dynamic process that fuses the two contrasting views is what makes this course unique.”