Birmingham, Ala. (August 1, 2023) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Enviromatic Systems (“Enviromatic”) in its sale to Audax Private Equity (“Audax”). The transaction closed July 31, 2023.

Founded in 1973, Enviromatic is a Texas‑based building automation systems software and controls contractor. The Company specializes in the installation, repair, and service of BACnet DDC control and energy management systems, providing integrated solutions for HVAC, lighting, power, and door access automation—all designed to make building operations smarter, more sustainable, and more responsive.

John Pluff, Owner of Enviromatic, stated, “We’re incredibly pleased with the outcome of this transaction and the new opportunities ahead for Enviromatic. Partnering with the right team for our next phase of growth was essential, and the Founders Advisors team guided us every step of the way. Their industry knowledge and strategic insight made all the difference.”

“Collaborating with John Pluff and the Enviromatic team throughout this process has truly been a rewarding experience,” said John Sullivan, Managing Director at Founders Advisors. “Their hands‑on expertise and focus on delivering real, impactful solutions made our work together exceptional. We’re excited about the future ahead and proud to have supported their journey through this important milestone.”

About Audax

Based in Boston and San Francisco, Audax Private Equity is a leading middle market investment firm with approximately $16 billion of assets under management, over 185 employees, and 80-plus investment professionals. Since its founding in 1999, the firm has invested in more than 160 platforms and 1,200 add-on acquisitions. Through our disciplined Buy & Build approach, across six core industry verticals, Audax helps portfolio companies execute on organic and inorganic growth initiatives that fuel revenue expansion, optimize operations, and significantly increase equity value.

About Founders Advisors

Founders Advisors supports their clients through deep sector expertise in Facility Services as well as a range of other Industrial, Technology, Healthcare, and Consumer sectors. Our team captures perspectives on relevant industry trends, unique competitive landscape shifts and key positioning insights to relevant investors. Should you be interested in exploring opportunities in Facility Services or considering alternatives, please feel free to reach out to our team.