Veteran Businessmen Named Lifetime Members of GABB

Staff Report From Georgia CEO

Friday, July 20th, 2018

Henry Hicks, chairman and CEO of Georgia Business Associates, Inc., and Charles Jay, founder and owner of Jay & Associates, LLC of Macon, have been named life members of the Georgia Association of Business Brokers. The association’s board honored the two longtime members for their decades of service to the GABB, the state’s only professional association of professionals who help in the sale and purchase of businesses and franchises.

Both Mr. Hicks and Mr. Jay helped pioneer the profession of business brokering in Georgia.  Henry Hicks, CBI, BCB, M&AMI, Fellow of the IBBA is a former president of the International Business Brokers Association (IBBA) and a former treasurer and director of the GABB board. Mr. Jay is a former president of the GABB and is one of the first five individuals in Georgia to be awarded the Certified Business Intermediary (CBI) designation by the IBBA.

The GABB is composed of professionals who work with owners of Georgia businesses. Many of today’s business buyers are individuals who have decided not to re-enter corporate America, but are ready to control their own destiny by purchasing and operating a Georgia business.

Mr. Hicks has represented sellers and buyers since 1992. His merger and acquisition activities include manufacturing, distribution, and service companies. Successful M&A representations include design/construction firms, business to business distribution, industrial services, temporary placement firms for professionals, food service, and insurance industry services.

Mr. Hicks is an active member of the International Business Brokers Association, which he has served as Chairman of the Board of Directors, Treasurer, and Director. His activities in the IBBA have included Chair of Finance, Chair of Membership, Chair of Government Affairs, and Chair of Publications where he served as Editor of the IBBA News. He has been awarded the professional designation of Lifetime Certified Business Intermediary by the IBBA, recognized for his services to IBBA by being named Fellow of the IBBA, and received the Chairman’s Award. Mr. Hicks currently serves as on the Board of Directors of the Business Intermediary Education Foundation, Inc.

Mr. Hicks has been recognized as a member of the Million Dollar Club of GABB. He was instrumental in the establishment of the GABB multiple listing service that supports co-brokerage and provides greater exposure to available listings and in the establishment of the Business Brokerage Management System. He is a member of the Atlanta Board of Commercial Realtors.

Mr. Hicks has been a CPA in public practice with KPMG Peat Marwick. His clients included an array of manufacturing, distribution, and service organizations. He is a member of AICPA and NC Association of CPAs. He has served as financial officer for an information technology firm and a real estate developer of in-town high-rise mixed-use properties. He has served as Chairman of the Board and CEO of a North Carolina savings bank, which he took public with an IPO in the mid-eighties. Mr. Hicks received his undergraduate degree from the Georgia Institute of Technology and a Masters degree in business from Georgia State University.

He is a member of the Rotary Club of Roswell where he has served as Chair of the Charity Committee. He has served as President and Chairman of the Board of the Child Development Association of North Fulton, a non-profit organization providing child care services for one hundred forty disadvantaged children. Mr. Hicks has served as a board member of the Georgia Ensemble Theater in Roswell. He served as Treasurer and as a member of Board of Directors of the Chattahoochee Nature Center. He has served on the Planning and Zoning Committee of the City of Roswell. He has been Elder, Deacon, and Treasurer of the Roswell Presbyterian Church. He is a former member and Past President of the Kiwanis Club of Rocky Mount, NC. He was recognized as Jaycee of the Year by the Roswell Jaycees and Boss of the Year by the Rocky Mount Professional Woman’s Club.

Mr. Jay is a Certified Business Intermediary (CBI) based in Macon, Georgia. His company, founded in 1984, works closely with select clients in investments, commercial real estate, insurance, and business acquisitions throughout the State of Georgia.

Mr. Jay is active in both the IBBA and GABB. Through Jay’s affiliation with the GABB, he earned the professional designation of Board Certified Broker (BCB). His CBI and BCB designations show the business community the extra steps and commitment that are synonymous with total professionalism. It denotes a combination of experience and education only a small percentage of business brokers have attained.

Jay has received the GABB Phoenix Million Dollar Club Award, GABB Lifetime Achievement Award and is a Life Member of the GABB Million Dollar Club.

His community activities including serving as a Mercer University Trustee, President of a Financial Institution for 20 years and Chairman of the Board, President or Board member of more than 30 different business, civic or religious organizations in his community and state.

In 1998 Jay & Associates received the Better Business Bureau of Central Georgia Torch Award for Marketplace Ethics. This award recognizes and encourages ethical business practices and the recipient must be a company committed to high standards of behavior in buyer and seller relationships.

Mr. Jay’s extensive list of community accolades includes the United Way of Central Georgia J. Clay Murphey Society Award, the Man of the Year in Macon-Bibb County, Outstanding Georgia Citizen Award, the Service to Mankind Award, the Golden Deeds Award, one of Five Outstanding Young Men of Georgia, the Cherry Blossom Hall of Fame and the Stratford Academy Hall of Fame.