BIRMINGHAM, AL. (February 6, 2025) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised the sale of Southern Clearing, a leading provider of vegetation management services, to Plexus Capital. The transaction closed on December 11, 2024.

Established in 2010 by founder Alan Miller, Southern Clearing is a trusted leader in commercial and residential land clearing services across West Alabama and East Mississippi. The company specializes in right-of-way clearing, new line clearing, herbicide vegetation control, hazardous tree removal, tree trimming, and brush removal. Renowned for its exemplary safety standards and thorough training practices, Southern Clearing consistently delivers efficient, high-quality results, making it a premier provider in the industry.

Alan Miller, Founder of Southern Clearing, stated, “We’re thrilled about the partnership with Plexus Capital and the opportunities it brings for our future. We’re incredibly grateful to the Founders team for their dedication and expertise in helping us navigate this process. Their understanding of our industry and business was instrumental in finding the ideal solution to meet our goals.”

“It was a privilege to work with Alan and the Southern Clearing team. We’re proud to have assisted them in finding a solution that aligned with their objectives. We’re eager to see the opportunities and successes that lie ahead for them,” said Evan Klisares, Director at Founders Advisors.

About Southern Clearing

Southern Clearing, established in 2010 and headquartered in Butler, Alabama, is a leading provider of vegetation management services. With a strong presence in West Alabama and East Mississippi, they specialize in delivering efficient, high-quality services to both commercial and residential customers. For more information, please visit www.southernclearingllc.com.

About Riggs Tree Service

Riggs Tree Service (“Riggs”), founded by CEO Jeremy Riggs in May 2001, is headquartered in Grove, Oklahoma. Riggs specialize in right-of-way clearing and pipeline clearing services for electric utilities and oil companies across the Central, Midwest, and now, Southeastern U.S. For more information, please visit https://www.riggstree.com/

About Plexus Capital

Plexus Capital, founded in 2005 and headquartered in Raleigh, North Carolina, is a private equity firm dedicated to supporting lower middle market businesses across the United States. With over $2.2 billion raised and investments in nearly 300 companies, Plexus provides flexible capital solutions, including debt, equity, and hybrid structures, to drive growth, acquisitions, buyouts, and recapitalizations. As a trusted partner, Plexus is committed to empowering small businesses with the resources and expertise needed to achieve their long-term vision. For more information, please visit www.plexuscap.com.

About Founders

Founders is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders focuses on helping companies across technology, business services, consumer, energy, industrial, and healthcare 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. To provide securities-related services, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member of FINRA and SiPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Neither Founders Advisors nor Founders M&A Advisory provide investment advice. For more information, please visit www.foundersib.com.