Distinguished leaders in the business brokerage, intermediary and merger and acquisition profession created a foundation to advance and promote the business brokers’ profession. Each served as officer and director of the International Business Brokers Association (IBBA). They were mindful of the Association’s critical need to devote its resources into member programs, conferences and Certified Business Intermediary (CBI) and Merger and Acquisition Master Intermediary (M&AMI) programs. Thought, work and love of the business broker profession were primary in creating BIEF.

BIEF advances and promotes the business broker and M&A professions. It embraces business brokerage’s international aspects, is inclusive across the dealmakers’ spectrum, and outreaches to other business sale organizations. It promotes awareness and understanding among the public, business advisors, owners, business buyers and sellers, based on information, understanding, cooperation and education.

The business sale profession has come together in an all “industry coalition” working to remedy requirements burdening the industry inappropriately. This costly burden impacts owners selling businesses or making acquisitions, and business brokers and M&A brokers who advise them.

This campaign involves most of the business broker and M&A advisor professional associations nationally.  It has produced supporting legislation in the U.S. House and Senate, which passed the House unanimously and is pending as a bill in the Senate.