Founders Investment Banking, LLC is pleased to announce that ActekSoft (also “ACTEK, Inc.”) has been acquired by Callidus Software Inc., which is publicly traded on the NASDAQ exchange under the “CALD” ticker symbol. ActekSoft, based in Birmingham, Alabama, delivers commission, incentive compensation, and compliance software solutions for complex selling environments primarily in the insurance and general…
Key Part of Founders’ Ongoing Focus to Advise Clients on Investing in the Distressed Real Estate Market Founders Investment Banking’s Real Estate Practice is pleased to announce the successful closing of the first round of investment in the newly formed Foundation Residential Acquisition Fund I. In response to ongoing challenges in the residential real estate…
Founders Investment Banking, LLC is pleased to announce that Walpar, Inc. has been recapitalized by Rock Gate Partners, LLC in partnership with Peninsula Capital Partners, L.L.C., who provided both debt and equity in support of the transaction. Walpar, based in Birmingham, Alabama, is a leading designer and fabricator of highway signage structures and other highly-engineered, large-scale…
Small Businesses Find Money When Banks Say No By Roy L. Williams — The Birmingham News The worst recession in decades is making life difficult for companies needing financing to make ends meet, capital to expand or complete mergers. Duane Donner , managing director of Founders Investment Banking, says his firm, which helps put deals together,…
We continue to see a growing demand among institutional buyers for Web-based businesses that deliver quality content and information to consumers, while concurrently matching product and service providers to these consumers at their moment of need,” remarked Zane Tarence, Managing Director of Founders Investment Banking’s Internet & Digital Media practice. “We’ve had the opportunity to work with…
Founders Investment Banking, LLC is pleased to announce that NursingJobs.org has been acquired by Internet Brands, Inc. (Nasdaq: INET), a leading Internet media company that owns and operates e-commerce and community-based websites across a variety of industries. Formerly headquartered in Atlanta, Georgia, NursingJobs.org is the pre-eminent online nursing employment destination, serving over 100,000 unique visitors…