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…
Barsco has been acquired by Reece Group.
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…
BIRMINGHAM, Ala. (August 18, 2022) – Founders is pleased to announce that certain principals of Founders Advisors advised Flotech, Inc. (“Flotech” or the “Company”) in its sale to FloWorks International LLC (“FloWorks”), a specialty flow control distribution platform. The transaction closed on July 29, 2022. Founded in 1961, Flotech is a distributor and servicer of…
BIRMINGHAM, AL (January 3, 2022) – Founders is pleased to announce that General Drilling, an Indiana-based blast hole drilling company, has been acquired by Fred Weber Inc., a construction materials and services provider based in St. Louis. General Drilling was exclusively advised on the transaction by principals of Founders Advisors. For more than 50 years,…
By: Dennis Coker Synopsis: After a year of sailing uncharted waters in 2020, how did the major construction materials companies navigate a return to “normalcy” in the first half of 2021? We’ve seen a return to a somewhat normalized state over the last nine months, with M&A activity picking back up fueled by potential tax…