BIRMINGHAM, Ala. (August 24, 2017) — Founders Investment Banking, LLC today announced that Michael White has joined its firm as Managing Director of the newly formed Founders Healthcare Practice. Michael has over 20 years of experience advising healthcare clients on a range of strategic alternatives including IPOs, public and private equity and debt capital raises, joint ventures, licensing and buy-side and sell-side mergers and acquisitions. Some of Michael’s past clients include Abbott, AbbVie, Eli Lilly, and Onyx Pharmaceuticals among others. Prior to joining Founders, he served as a consultant, advising clients on a variety of strategic alternatives across multiple healthcare subsectors, as well as serving as Chief Financial Officer of Carbylan Therapeutics, a specialty pharmaceutical company.
“We are excited to have Michael join Founders and lead the Healthcare Practice team,” said Zane Tarence, Founders’ Managing Director and Partner. “The healthcare industry is complex and the current regulatory environment is creating uncertainty, but also opportunity. Michael’s robust experience and expertise combined with Founders’ talented analytical team and process driven solutions, will allow us to raise the level of service for middle-market healthcare companies.”
Michael served as Barclays’ Vice President and Director in the healthcare investment banking group on the West Coast for six years. Additionally, he spent seven years at Bear, Stearns & Co. Inc. in New York where he served in a series of positions with increasing responsibility in the healthcare investment banking group. Michael started his career at SouthTrust Bank and its affiliate, PRN Mortgage Capital, providing financing and advisory services for companies primarily in the post-acute care space.
Michael has a Master’s of Business Administration with concentrations in Finance and Accounting from the University of Chicago Booth School of Business; he received his undergraduate degree in Finance from the University of Alabama.
About Founders Investment Banking
Founders Investment Banking (Founders) is a merger, acquisition & strategic advisory firm serving middle-market companies. Founders’ focus is on oil and gas, SaaS/software, industrials, internet, healthcare, digital media and industrial technology companies located nationwide, as well as companies based in the Southeast across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M & A Securities Group, Inc. or Founders M&A Advisory, LLC, both members of member FINRA & SiPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly-owned subsidiary of Founders. For more information, visit www.foundersib.com.