BIRMINGHAM, Ala. (April 1, 2016) – Founders Investment Banking today announced it is opening a Dallas office. This new office, the first Founders office outside the Birmingham area, will focus on middle-market companies in Texas and Oklahoma and Industrial Technology companies nationwide. The Dallas office will be led by new hire Eugene “Gene” Bazemore Jr. an…
Founders Principals Advise on 9 Transactions in 2015, 7 Companies Sell to Strategic Buyers, Founders Launches Strategic Advisory Practice This past year, Founders saw strategic companies step up to the plate, competing for deals and in general, willing to pay higher valuations. Principals of Founders advised on nine transactions in 2015, seven of which sold to…
BIRMINGHAM, Ala. — Founders Investment Banking, LLC today announced that John W. Sullivan has joined its firm as Vice President. In this role, John will be responsible for assisting the group with market process management and coordination of the analyst team. This addition demonstrates Founders’ commitment to serve clients with a team of talented professionals….
BIRMINGHAM, Ala. (July 15, 2015) – The Principals of Founders Investment Banking, LLC are pleased to announce that Alere, Inc. NYSE: ALR (Alere) has purchased substantially all of the assets of US Diagnostics, Inc. (USD), a leading provider of drug testing devices. US Diagnostics’ shareholders received $60 million in cash at closing and were exclusively…
Birmingham, Ala. (May 12, 2015) – Founders Investment Banking, LLC (“Founders”) is pleased to announce that SmarterServices, LLC has completed a majority recapitalization with Main Line Equity Partners (“Main Line”), a Philadelphia-based private equity firm that invests in lower middle market software and technology-enabled companies. SmarterServices is an education technology company based in Alabama that…
BIRMINGHAM, Ala. (April 16, 2015) — Founders Investment Banking, LLC today announced that Mike McCraw has joined its firm as managing director of the newly formed Founders Strategic Advisory Practice. After a decade of advising business owners with transactions, Founders has developed vast knowledge and expertise on what makes a company sellable and how a…