Category Archives: Press Release

  1. Founders Advises EasyPower in Sale to Bentley Systems

    BIRMINGHAM, AL. (February 23, 2023) – Founders Advisors (“Founders”) is pleased to announce that EasyPower, LLC, a premier provider of software for intelligently designing, analyzing, and monitoring electrical power systems, has been acquired by Bentley Systems, Incorporated, the infrastructure engineering software company (Nasdaq: BSY). Established in 1984 and located in Portland, OR, EasyPower has been at…

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  2. Founders Advises Accruit Holdings in Sale to Millennium Trust Company

    BIRMINGHAM, AL. (March 1, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Accruit Holdings LLC (“Accruit”), a leading independent Qualified Intermediary and technology service provider of real estate 1031 exchanges, in its sale to Millennium Trust Company, LLC (“Millennium Trust”), a portfolio company of Abry Partners. Accruit has successfully revolutionized…

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  3. Founders Advises Barsco, Inc. in Sale to Reece

    BIRMINGHAM, AL. (March 9, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Barsco, Inc. (“Barsco”) in its sale to the Reece Group (“Reece”). Barsco, founded in 1934 and headquartered in Dallas, TX, is a premier distributor of refrigeration and HVAC equipment, parts, and supplies throughout Texas. With a long history…

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  4. Founders Advises Inventory Sales Company in Sale to EFC International

    BIRMINGHAM, AL (March 8, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Inventory Sales Company (“ISC”) in its sale to Frontenac-backed EFC International (“EFC”). ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and…

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  5. Founders Advises Bag Supply Company in Sale to Field Packaging Solutions

    BIRMINGHAM, Ala. (February 16, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Bag Supply Company, Inc. (“Bag Supply”) in its sale to Field Packaging Solutions, LLC (“Field”).  The transaction closed on February 1, 2023. Bag Supply, founded in 1990 and headquartered in Birmingham, AL, is a leading manufacturer and…

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  6. Founders Advises Zigatta in its Acquisition by Improving Enterprises

     BIRMINGHAM, AL (January 26, 2023) – Founders is pleased to announce that Zigatta, LLC (Zigatta) has been acquired by Improving Enterprises (Improving), a modern digital services company. Improving is a portfolio company of Trinity Hunt Partners and is led by CEO Curtis Hite. Zigatta is an industry leading niche staffing, consulting, and solutions firm specializing…

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