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SearchPath International, a Cleveland-based search firm founded in 2005, said it will go public on the over-the-counter bulletin board in the second half of this year. The company said it has 60 offices and last year announced its 50th franchisee.
"The decision to go public was an easy one," said CEO Tom Johnston. "We want to give our franchise owners access to performance-based equity compensation that allows them to share in our success as, together, we grow the company."