You are currently viewing CBI Memphis Open for Business
Business Brokers

CBI Memphis Open for Business

Memphis native Carl Grimes, Chairman and Founder of Confidential Business Intermediaries/The CBI Team is announcing that CBI is expanding its presence into the Memphis Metro market. Kendrick Steele will be representing CBI as Managing Partner in the Memphis area. CBI is expanding its market reach to help business owners sell, buy and grow their businesses. With over twenty-seven years of experience the tools, processes and procedures are in place for a successful new location, according to Grimes.

Kendrick Steele is a seventeen-year veteran in the field of business brokerage. Kendrick has successfully brokered business sales across a variety of industries including, but not limited to, Private Professional Practices, Manufacturing, Restaurants, Retail, Distribution and Franchise companies both on Main Street and LMMM&A (Lower Mid-Market Merges and Acquisitions). Joining Kendrick in the CBI Memphis office is Jack Pritchett, a business broker with a degree in management with a focus on entrepreneurship.

Under Kendrick’s leadership, CBI Memphis will leverage the processes and tools developed by CBI ( since 1994 to manage the sale of businesses. According to Grimes, CBI has sold over 850 businesses from offices in Northwest Arkansas (Springdale), Central Arkansas (Little Rock), Fort Smith/River Valley, Arkansas and Tulsa, Oklahoma. Working together with the rest of the CBI Team, CBI Memphis is equipped to help all business types and sizes in the Metro Memphis Area. To learn how CBI confidentially helps people sell, buy and grow businesses, contact Kendrick at or call him at (901) 530-7335. Or visit