Amidst continuing consolidation in the industry, many owners of Managed Service Providers and other IT Services companies are assessing whether the time is right for them to take some chips off the table and consider undertaking a transaction. Given the years of effort and energy it took to grow their company to a transaction-ready size,…
Founders hosted friends and colleagues for the annual, world-class Impact Leadership Conference on Wednesday, December 7th featuring Dr. John C. Maxwell, Pastor Chris Hodges and best-selling author, Jamie Kern Lima. The virtual conference, formerly John Maxwell Live, was a held in Birmingham, Alabama at Church of the Highlands’ Grandview Campus. The free-of-charge event provided attendees an incredible…
By: Billy Pritchard Preferred vs. Common When assessing one or multiple Term Sheets or Letters of Intent involving a private equity recapitalization, founders often need guidance on a critical piece to the deal structure: the classification of stock that the PE investor will hold post-closing. For private capital transactions in the lower middle market, we…
By: Nathan Kelly As the year is coming to a close, there are multiple areas worth evaluating when considering raising growth or exit capital in 2023. In the midst of much economic turbulence, we will be sharing our thoughts on how business owners can be thinking about outside investors in the coming year. We’ll look…
Founders recently hosted the Fall Heritage Forum at Pursell Farms in Sylacauga, Alabama. The forum has a unique focus on the participant’s personal, family, and business legacy. The event is designed to allow the participant to take a step back and look at their life and the legacy that they wish to leave behind. The…
Year-End Overview Despite macroeconomic challenges, many companies have seen positive financial results so far throughout 2022. There has continued to be a steady pace of M&A activity within the construction materials universe. Companies have doubled down on their strategic plans, with both large acquisitions and sizable divestitures. How the Majors Navigated 2022 Construction materials companies…