BIRMINGHAM, AL – Founders Advisors (“Founders”) is pleased to announce that Lee Electrical Construction, LLC (formerly Lee Electrical Construction, Inc.), a provider of specialty construction services to investor-owned utilities, electric cooperatives, municipalities, and industrial companies, has been acquired by Quanta Services, Inc. (NYSE: PWR). The transaction was completed in August 2020. Lee Electrical Construction was…
BIRMINGHAM, Ala. (September 16, 2020) – Founders Advisors (“Founders”) is pleased to announce that certain principals of Founders Advisors advised Industry Services Company (“ISC”) in its recapitalization by Osceola Capital. Osceola Capital’s majority recap of Industry Services Company closed on August 14, 2020. Concurrent with the transaction, ISC has completed the acquisition of Guy Nielson…
BIRMINGHAM, Ala. (July 6, 2020) – Founders Advisors today announced that Ken Hirsch has joined its firm and will serve as a Managing Director in the Dallas office. Ken has over 30 years of corporate finance experience advising middle market companies on debt and equity financings, mergers & acquisitions, special situations and strategic initiatives; he…
BIRMINGHAM, AL (April 6, 2020) Founders Advisors is pleased to announce that Nuclear Imaging Services, LLC (NIS) and its radiopharmacy, NISotopes, have been acquired by TTG Imaging Solutions, LLC (TTG). NIS is a leading medical imaging equipment, parts, service, and staffing company with significant clinical aptitude. NISotopes is a unique cardiac-based radiopharmacy, based in Houston,…
BIRMINGHAM, AL (May 21, 2020) – Founders is pleased to announce that Trade Area Systems, Inc. (TAS) has been acquired by Kalibrate Technologies Limited (Kalibrate), a leading provider of fuel pricing, location planning, market data, and traffic count data for fuel and convenience retailers. TAS is the industry-leading real estate and analytics SaaS platform that…
BIRMINGHAM, AL (January 30, 2020) – Founders is pleased to announce that Track What Matters, LLC, (TWM) d/b/a Rhino Fleet Tracking (Rhino) has been recapitalized by Accel-KKR, a leading Silicon Valley based technology-focused investment firm. Rhino’s fleet tracking systems optimize fleet performance and ensure that business owners and managers know where their assets are and…