By: Wesley Legg According to Capital IQ and Founders proprietary sources, there were an estimated 39 transactions involving Alabama companies completed in the fourth quarter of 2019, which is less than the number of transactions in the same quarter of the previous year. M&A and private placement activity was down 28% quarter over quarter. Transaction…
By: Michael White One Medical completed its initial public offering recently, pricing 17.5 million shares at $14.00 per share which equates to an equity and enterprise value of $1.7 billion and $1.3 billion, respectively. The offering priced at the bottom end of the range of $14.00 to $16.00 but was well received by investors in…
Founders experienced another record year in 2019; the firm added eight new members to the team, including the addition of a managing director in the Dallas office, Sterling Smith, a very experienced banker who will focus on business services. Founders also hosted business leaders, owners, and executives at several banner events, including Heritage Forum, Silicon…
By: Duane Donner The steps to selling a middle market company1 are generally not that well known. Yet, there is a proven methodology that, when followed, increases the likelihood of a firm obtaining a premium value and getting a deal done. Over the next several weeks we will take a deep dive into this methodology…
BIRMINGHAM, AL (January 23, 2020) – Founders is pleased to announce that H2scan Corp. (H2scan) has closed $10.5 million in a series E financing round from Energy Growth Momentum (EGM), a UK-based private equity group. H2scan raised an additional $3 million in venture debt from El Dorado Investment Company, a Phoenix venture company owned by…
Each year the Founders team comes together to reflect on the prior year and look forward in the upcoming year. During this time, we highlight achievements of the firm and our clients. This year we celebrated a record year for the firm, discussed growth plans, and unveiled some exciting news that we’ll release in the…