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  Ken Berry Press Release    

Midwest Bankers Transition Services Merges with ProHorizons Network, Inc.

Sunnyvale, California – March 19, 2008 – ProHorizons Network, Inc. (ProHorizons) of Sunnyvale, California and Midwest Bankers Transition Services (Midwest Bankers) of Indianapolis, Indiana are pleased to announce the two firms have finalized a merger. Midwest Bankers will join ProHorizons and continue operation under the ProHorizons’ name.

As a result of the merger, Chuck Hayes, the principal member of Midwest Bankers, will join John Ezell and Ken Berry as a principal in ProHorizons Network, Inc. with the title Vice President of Operations.

In the opinion of John Ezell, President of ProHorizons, “This merger is the culmination of years of collaboration between ProHorizons and Midwest Bankers. Chuck Hayes brings to ProHorizons a wealth of knowledge in the valuation, financing and sale of tax and accounting firms. Couple this with our extensive marketing and sales experience and ProHorizons emerges from this transaction as the premier firm specializing in tax and accounting practice sales.”

ProHorizons’ Sunnyvale, California office will continue to be the firm’s headquarters with responsibility for financial, marketing and administrative functions while ProHorizons' new Indianapolis, Indiana office will be responsible for telemarketing and management of ProHorizons’ brokerage network of regional directors.

“The advantages for Midwest Bankers were quite clear as we align ourselves with the extensive experience and excellent reputation ProHorizons has developed in the market. We bring to ProHorizons our wealth of financing experience and the establishment of a new ProHorizons office in Indianapolis which will enable better service to Midwest and East Coast clients,” stated Chuck Hayes, Owner, Midwest Bankers

About Chuck Hayes and Midwest Bankers Transition Services
Chuck Hayes joined Midwest Bankers Advisory Services in 1999 and developed the lending unit that provides financing for the acquisition of accounting practices. After underwriting hundreds of proposed accounting practice acquisitions, Chuck became an expert in helping buyers and sellers structure deals and, in 2005, expanded Midwest Bankers Advisory Services into brokering the sale and acquisition of practices. In 2007, Chuck acquired his book of business from Midwest Bankers Advisory Services and began operating as a separate entity under the name Midwest Bankers Transition Services.

About ProHorizons
ProHorizons is a brokerage and consulting firm specializing in the acquisition, sale and merger of accounting and tax practices. ProHorizons has worked with hundreds of buyers and sellers of accounting and tax practices since its inception in 1995. ProHorizons main office is located in the San Francisco Bay Area.

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For more information, contact:
Ken Berry
Vice President of Marketing
ProHorizons Network, Inc.
150 W. Iowa Avenue, Suite 104
Sunnyvale , CA 94086
P: 800-729-3242
F: 800-874-4532
email Ken
www.prohorizons.com



 
 

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