Pedal to Properties takes on partner, plans expansion - Atlanta Business Chronicle:

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Founded and headed by Matt Pedal to Properties is a residential real estate firm that gives clientds the option of looking at homezby bicycle. The company maintains a fleet of 50 ElectrsCruiser bikes. Kolb has sold a 50 percent stake in the compan for an undisclosed sum to attorneuyTim Majors, who specializes in taking regional retail businessesx national. As a partner in Pedal to Majors will work out ofthe company’zs Boulder office.
Majors, who’s originally from Perth, approached Kolb about investing in the real estate firm afte looking at Boulder propertiesby “We certainly plan to incorporate [Tim’s] national and international brandingt expertise to expand Pedal to Propertiese in other markets,” Kolb said in a Pedal to Properties plans to look at openingt branch offices in other, unspecified U.S. markets. In May, the companhy launched a licensee designation for brokers interested in usintg theBoulder business’ operational formula in their markets. The Colorado companyg already is working to expand quicklty in its hometown by adding more space and agent indowntown Boulder.
“I believe Pedall to Properties is in a perfect positioj to meet the evolving social and demographic changese going on in the United States with Majors said ina statement.