By: Brad Johnson A topic that we’re discussing more often with software investors is artificial intelligence (AI) and machine learning (ML) within SaaS applications. While most of the capital directed at AI/ML is still venture-based, growth equity firms are seeing an increased number of businesses leveraging these algorithms. We’ve attempted to summarize the perspective of…
By: Zane Tarence The Q2 2019 SaaS Market Newsletter includes: Comments and insights from industry experts FAQ: AI/ML considerations for SaaS businesses Valuation multiples and recent transaction data Benchmark operating statistics Follow the link to read the Newsletter – Industry Update Q2 2019. Also included in this edition of our SaaS Market Newsletter is information…
Recently, the firm was able to serve the community at two locations during its Summer Serve Day. We had groups serving at Cornerstone Schools of Alabama and the Rotary Trail. Cornerstone is a non-profit, Christian school for Birmingham’s inner-city students. The school was established over 25 years ago to prevent the cycle of poverty by…
By: Wesley Legg According to Capital IQ and Founders proprietary sources, there were an estimated 41 transactions involving Alabama companies completed in the second quarter of 2019, which is an increase of 28% in the number of transactions in the same quarter of the previous year. M&A and private placement activity was down 15% quarter…
By: Mike McCraw For high-growth multi-unit concepts, such as restaurants, fitness studios, and entertainment venues, access to institutional capital through partnership with a debt or equity partner is often critical for streamlining operations and strategically expanding to new locations. Whether owners are looking to grow, recapitalize, or sell, select metrics are commonly evaluated by institutional…
The Annual Founders Family Picnic was held last Saturday at Lake Martin. The Founders team, along with their families and some friends of the firm, enjoyed a day of fun on the water, food, and fellowship. A new addition to the party this year was a massive inflatable water slide, and it was hit all…