By: Billy Pritchard As founders begin to pursue a sellside transaction process, it is important to understand the various phases of process execution and the emotional cycles that will most likely come with each phase. Our team is a firm believer that, often, the most value we can add to these processes is helping manage…
By: Chris Weingartner Working capital is a crucial financial metric that measures an MSP’s ability to meet its short-term obligations and fund its daily operations. For any IT Services company, working capital plays a vital role in ensuring smooth service delivery, managing cash flow, and funding growth opportunities. When selling a company, it is fundamental…
In this edition of Founder’s Human Capital Management Market Insights, our team provides keen insights from the marketplace from Q1 of 2023. Global M&A activity fell Q1 2023 with total deal value coming in at just under $1 Trillion, down 17% from the same period a year ago and down 10% from Q4 2022. Our update…
Accruit has been acquired by 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…
Coach-Net has been acquired by Blue Compass RV.