BIRMINGHAM, Ala. (May 6, 2014) – Founders Investment Banking, LLC (“Founders”) is pleased to announce that Petri IT Knowledgebase (“Petri”) has been acquired by Blue Whale Web LLC. Founded nearly 15 years ago, Petri has grown to become one of the most trusted online resources for IT professionals across the globe. The site features an…
BIRMINGHAM, Ala. (April 8, 2014) Founders Investment Banking, LLC (“Founders”) is pleased to announce that Proventix Systems, Inc. (“Proventix”) has completed a growth capital funding round with a strategic investor. Headquartered in Birmingham, Alabama, Proventix delivers a multimodal solution to the healthcare industry that improves caregiver hand hygiene compliance and reduces instances of healthcare-associated infections…
BIRMINGHAM, Ala. (March 5, 2014) – The ongoing debate about how to stimulate and sustain the economic recovery has focused around small business and large multinational corporations. Despite being out of the spotlight, middle market companies have and continue to lead the post-recession progress. Middle market companies, defined as having revenue between $10 million and…
BIRMINGHAM, Ala. (January 7, 2014) – The principals of Founders Investment Banking, LLC are pleased to announce the management buyout of Atchafalaya Measurement Inc. (AMI), a full service gas and liquid measurement company, with an equity investment from KLH Capital. AMI’s management gained a meaningful equity stake at closing and was exclusively advised by principals…
The Principals of Founders Investment Banking, LLC announce the sale of Tornado Production Services, LLC (Tornado), a leading completion fluids services provider, to Professional Directional Enterprises, Inc.(ProDirectional), a full service directional drilling company and portfolio company of Diamond Castle Holdings, LLC.
Founders Investment Banking, LLC is pleased to formally announce the closing of a previously unannounced transaction completed in 2012.