The energy landscape is rapidly evolving and nowhere was this more evident than at this year’s DISTRIBUTECH conference. As datacenters continue to expand their footprint and power consumption, the relationship between these critical facilities and the electrical grid is becoming increasingly symbiotic. Here’s our breakdown of the most significant developments from the conference that matter…
EAC has been acquired by Irving Materials.
BIRMINGHAM, Ala. (April 3, 2025) – Founders is pleased to announce that Engineering Aggregates Corporation (“EAC”) was acquired by Irving Materials, Inc. (“IMI”) on February 21, 2025. Operated by four generations of the Jones family, EAC includes a limestone quarry and sand and gravel pit in Logansport, IN and a sales yard in Michigantown, IN….
Southern Clearing has been acquired by Plexus Capital.
BIRMINGHAM, AL. (February 6, 2025) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised the sale of Southern Clearing, a leading provider of vegetation management services, to Plexus Capital. The transaction closed on December 11, 2024. Established in 2010 by founder Alan Miller, Southern Clearing is a trusted leader in commercial…
This edition of the Construction Materials 2024 Year in Review Newsletter includes some of the highlights from what the major construction materials companies achieved over 2024, as well as insight into how they see 2025 developing, and an overview of recent M&A activity and trends. It also includes valuation and trading statistics for major players in the…