DALLAS, TX, November 8, 2016 – Founders Investment Banking, LLC is pleased to announce that Sun Hydraulics Corporation (NASDAQ: SNHY) has entered into an agreement with Enovation Controls, LLC, an Oklahoma-based and privately held provider of electronic control, display and instrumentation solutions, to acquire its Power Controls (PC) and Vehicle Technologies (VT) lines of business. …
Founders Investment Banking, LLC is pleased to announce that Ballast Point Ventures has invested $5 million of growth equity into TicketBiscuit, LLC, a vertically focused digital ticketing company based in Birmingham, Alabama. The Company, founded in 2001 by CEO Jeff Gale, is continuing to focus on growing new verticals that would benefit from its strong…
Shipt, a member-based on-demand grocery delivery marketplace, recently acquired more than $20 million in Series A funding. This funding comes at a time of torrid growth for Shipt, which expects to use the investment to break into new markets and to align itself with a broader spectrum of retailers. Founder and CEO, Bill Smith, commented,…
Founders Investment Banking is pleased to announce that a prominent 340B program management organization has purchased substantially all of the stock of a URAC accredited specialty pharmacy focused on providing care to patients with chronic or difficult to treat conditions across a wide spectrum of therapies. The Company fills prescriptions nationwide, and had experienced average…
BIRMINGHAM, Ala. (June 17, 2016) – Founders Investment Banking, LLC is pleased to announce that NBGHome, a portfolio company of Kohlberg & Company, has purchased substantially all of the stock of Plantation Patterns, a leading provider of outdoor soft home products to mass, home improvement, discount and specialty retailers in North America. Plantation Patterns’ shareholders…
BIRMINGHAM, Ala. (April 8, 2016) – Founders Investment Banking, LLC is pleased to announce that Würth Group (Würth) has purchased substantially all of the assets of House of Threads, Inc. (House of Threads), a leading distributor of fasteners. House of Threads’ shareholders were exclusively advised by Founders Investment Banking. The transaction closed on April 1,…