BIRMINGHAM, AL – Founders Advisors (“Founders”) is pleased to announce that Lee Electrical Construction, LLC (formerly Lee Electrical Construction, Inc.), a provider of specialty construction services to investor-owned utilities, electric cooperatives, municipalities, and industrial companies, has been acquired by Quanta Services, Inc. (NYSE: PWR). The transaction was completed in August 2020. Lee Electrical Construction was…
In this edition of Founders’ Industrial Technology Update, we share insights gathered from our relationships with industrial technology strategic players. We’ve had a number of conversations with groups over the last several weeks to discuss their current M&A perspective as businesses and the economy continue to be impacted by the COVID-19 pandemic. This update also…
In this edition of Founders’ Industrial Technology Update, we place our focus on the major players and transactions across the industrial technology landscape, as defined by the six sectors by which we segregate the industry. We will look at historical transaction trends, most active acquirers, notable transactions in 2019, and analyze public company valuations for…
BIRMINGHAM, AL (January 23, 2020) – Founders is pleased to announce that H2scan Corp. (H2scan) has closed $10.5 million in a series E financing round from Energy Growth Momentum (EGM), a UK-based private equity group. H2scan raised an additional $3 million in venture debt from El Dorado Investment Company, a Phoenix venture company owned by…
In this edition of Founders’ Industrials Update, we examine different trends affecting the advanced materials sector, provide an overview of the various end market applications, consider evolving acquiror dynamics, profile key players in the industry, and note several large transactions in the advanced materials M&A landscape. Follow the link to read the newsletter – Founders’ Industrials Market…
BIRMINGHAM, AL (December 3, 2019) – Founders is pleased to announce that TVS Filters (TVS), a company that designs and manufactures pleated filter cartridges, gas turbine inlet filters, and other filtration products for complex industrial air filtration applications, has been acquired by Pleatco Filtration, a portfolio company of Align Capital Partners. TVS was exclusively advised…