HammerTap, which provides market research services to eBay sellers, announced that its president Greg Cole has recently acquired sole ownership of HammerTap and its associated companies. Previous owners Brian Clark, Todd Baum and Joe Rowberry along with former CEO Ty Hawkins are stepping down.

"Over the past year, our companies have transitioned focus from offering a wide array of services, including personal business mentoring, to a more focused effort toward developing innovative online business software products," Cole stated in a press release. "Changes in ownership and leadership within the company are a natural and progressive step in this process."

Cole had founded Bright Builders in 1997 and acquired HammerTap software in 2004 from Ken Walton, who had pleaded guilty to fraud in the infamous Diebenkorn art fraud case involving forged art and shill bidding on eBay.

HammerTap's new executive team includes Greg Cole as President, Michael Johnson as COO, Jen Cano as VP Marketing, and Brian Cole as CFO.

http://www.hammertap.com