In this edition of Founder’s Managed IT Services Q4 2023 Update, our team provides valuable insights from the marketplace based on the fourth quarter. As guarded hopefulness for an economic soft landing ensued, United States MSP & IT Services transaction volume increased quarter over quarter. Our update also includes: “Platform or Add-On – Which Is…
BIRMINGHAM, AL (March 3, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Lakeshore Environmental Contractors, LLC (“LEC”) in its acquisition by Quality Environmental Services (“Quality”), a leading specialty provider of a full suite of environmental remediation services in the Great Lakes region. Headquartered in Birmingham, AL, LEC is…
BIRMINGHAM, Ala. (March 1, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised C&C Fence (“C&C”) in its sale to Perimeter Solutions Group (“PSG”). The transaction closed on February 20, 2024. C&C Fence, located in McDonough, GA, has a 40+ year track record as the leading provider of commercial…
BIRMINGHAM, Alabama, February 22, 2024 – Founders Advisors announced today that Madison Davis has rejoined the firm as Director of the Consumer Practice Group. Davis brings comprehensive middle-market M&A expertise gained across roles in investment banking, private equity and corporate development. “Madison’s breadth of expertise within our industry is truly remarkable, and her track record…
In this edition of Founders’ HVACR Distribution February 2024 Market Update, we take a look at the rapid consolidation that has begun in recent years, driven by the emergence of private equity as well as secular tailwinds such as environmental regulation and indoor air quality. We also look into multiple active platforms expanding through roll-up acquisitions….
BIRMINGHAM, AL. (February 5, 2024) – Founders is pleased to announce that South Block, the renowned Washington, DC-based açaí, smoothie, and juice company, has received a strategic growth investment from Savory Fund. South Block was exclusively advised by principals of Founders Advisors (“Founders”) in this transaction. Founded by Amir Mostafavi in 2011, South Block is…