Pump & Process and Legacy Environmental have been acquired by CITCO Water.
Pump & Process and Legacy Environmental have been acquired by CITCO Water.
BIRMINGHAM, Ala. (March 26, 2026) – Founders is pleased to announce the acquisition of Pump & Process Equipment, Inc. (“Pump & Process”) and Legacy Environmental Process, LLC (“Legacy Environmental”) by CITCO Water, a portfolio company of Trivest Partners. Pump & Process and Legacy Environmental were exclusively advised by principals of Founders Advisors, LLC in this…
HRI, Inc. has been acquired by Glenn O. Hawbaker, Inc.
BIRMINGHAM, Ala. (March 13, 2026) – Founders is pleased to announce that HRI, Inc, a subsidiary of Colas Inc., was acquired by Glenn O. Hawbaker, Inc. (“GOH”). Colas Inc. was exclusively advised by principals of Founders Advisors, LLC in this transaction. The transaction closed February 20, 2026. HRI, Inc. is a diversified construction company with expertise in highways, airports, bridges, water and wastewater treatment facilities, asphalt paving and site development…
Gridco has received growth investment from BayHawk Capital.
BIRMINGHAM, Ala. (February 26, 2026) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Gridco, Inc. (“Gridco” or, the “Company”) on a minority growth investment from BayHawk Capital (“BayHawk”). The transaction closed on December 31, 2025. Founded in 2023, Gridco is a leading provider of transmission, distribution, and substation services…