CCA Global Signs Financial Adviser for Members

Indianapolis, IN, April 29, 2008 -- Castle Wealth Advisors LLC has signed an agreement with CCA Global Partners, the world's largest floor covering retailer, to provide business valuation, succession and retirement planning services to Flooring America and Carpet One buying cooperative store owners.

"This partnership is another benefit for our store owners," said Vinnie Virga, president of Flooring America. "Most of them run small, family-owned businesses."

Virga said that some stores have been in the family for generations, CCA Global want to keep them thriving.

A division of CCA Global Partners, Flooring America generated $1.7 billion in annual sales in 2006, operates 600 member-owned stores with nearly 500 members in the United States and Canada. There are 11 Flooring America and 16 Carpet One stores in Indiana.

The floor covering divisions of CCA Global "has many store owners on the verge of retiring in the next few years," said Castle Wealth CEO Gary Pittsford. They need help either transitioning their business to the next generation or selling to a new owner and locking in their retirement income."

"Working with Mr. Pittsford will provide our membership with a high level of expertise," Virga said. "The tax and legal issues surrounding succession can get very complicated." Castle Wealth Advisors has specialized in financial and investment planning for owners of family held businesses for nearly 30 years. That includes, over the past several years, helping business owners sell their company.

Virga said that Flooring America is the only floor-covering cooperative that has created this kind of partnership for the benefit of its membership. "When our members succeed, we succeed, and we firmly believe that working with Castle Wealth Advisors will help our member stores thrive for generations to come."


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