BIRMINGHAM, AL (July 7, 2022) – Founders is pleased to announce that Raney’s, Inc. (“Raney’s”), a leading e-commerce distributor of heavy-duty truck parts and accessories, has been recapitalized by Incline Equity Partners (“Incline”). Raney’s was advised exclusively on the transaction by principals of Founders Advisors. Raney’s was founded in 2012 as a niche e-commerce distributor…
BIRMINGHAM, Ala. (January 18, 2022) – Founders is pleased to announce that certain principals advised Creative MultiCare, Inc. (“Creative”) in its growth investment from Coral Gables-based Trivest Partners LP (“Trivest”), one of the leading U.S. private equity firms with over $2.5 billion of assets under management. Trivest’s strategic growth investment will support Creative’s next phase…
BIRMINGHAM, AL (January 10, 2022) – Founders Advisors is pleased to announce that Park Supply, a leading wholesale distributor of plumbing supplies and related building products, has been acquired by CID Capital (“CID”). Park Supply was exclusively advised on the transaction by principals of Founders Advisors. Founded in 1963 with locations in Huntsville and Athens,…
DALLAS, TX (May 19, 2021) – Founders Advisors is pleased to announce its client, Southwestern Petroleum Corporation (“SWEPCO”), has been acquired by DalFort Capital Partners (“DalFort”) through its affiliate, Key Polymer Holdings, LLC. SWEPCO is a leading manufacturer of high-performance industrial lubricants based out of Fort Worth, TX. SWEPCO offers a complete line of products…
By John Sinders & John Sullivan Synopsis of The American Jobs Plan President Biden wants to spend ~$2 trillion on infrastructure and jobs, calling it the “largest American jobs investment since World War II.” The American Jobs Plan, the centerpiece of Biden’s economic agenda, pledges $2.3 trillion in new spending over eight years to accomplish…
In this edition of Founders’ Industrial Technology Year in Review, we discuss some of the activity and trends that defined 2020 for Industrial Technology companies. We take a look at transaction activity trends, highlighted deals, and history trading multiples by subsector. In a year marked by uncertainty, we’re grateful for our team, clients, and the…