A volatile energy price environment in the fourth quarter of 2018 has caused E&P operators to reassess 2019 capex budgets. International markets have fared better, and growth is accelerating in several key regions. In all, Wall Street estimates that worldwide E&P spending is expected to grow ~8% in 2019, which is ~50bps above 2018 levels….
In this edition of Founders’ Industrial Technology Update, we focus our attention on the Industrial Internet of Things (IIoT) space to examine the growing influence of connected devices, big data, and improved computing power on industrial end markets.
Founders recently hired a practice group manager, Rebecca Askew, and analyst Jacob Brackmann, to support the firm’s growth. As practice group manager, Rebecca supports the technology team in practice management, business development, as well as overseeing specific marketing and events. Prior to joining Founders, Rebecca served as Business Development Manager for Vaco and Marketing Manager…
By: Wesley Legg Founders experienced another record year in 2018, with principals advising on thirteen transactions, and expansion of the team and a new office in Houston. Highlights of Founders’ 2018 transactions are listed below. In some of the transactions, due to competitive sensitivities, the acquirers have requested that some or all of the parties…
By: Matt Stanford Having a firm understanding and consistent application of accounting principles is critical to substantiating operational and financial performance to investors, particularly when subjective judgment is involved. An area of accounting that is persistently subjective and challenging for high-growth SaaS companies is the capitalization of software development costs. In our quarterly tip, we…
Earlier this month, the Founders team enjoyed hosting friends of the firm at John Maxwell Live at the Church of the Highlands Grants Mill Campus. Over 2000 business owners and community leaders attended the event. This year, Maxwell was joined by bestselling author Patrick Lencioni. Founders was the Presenting Sponsor of the event; all event…