Yellow Dog Software has been acquired by Fraxion.
Yellow Dog Software has been acquired by Fraxion.
BIRMINGHAM, AL. (October 15, 2026) – Founders is pleased to announce that Yellow Dog Software (“Yellow Dog”) has been acquired by Fraxion (“Fraxion”), a procure-to-pay (P2P) platform for mid-market organizations. Yellow Dog was exclusively advised by principals of Founders Advisors, LLC in this transaction. Founded in 2006 and led by CEO Jay Livingood, Yellow Dog…
Turing Analytics has been acquired by Novi Labs.
BIRMINGHAM, Ala. (Apr 29, 2026) – Founders is pleased to announce the sale of Turing Analytics, the company behind EVA, to Novi Labs, a portfolio company of Invictus Growth Partners. Turing’s EVA platform is a Canadian-focused upstream analytics and proprietary data platform. Turing Analytics was exclusively advised by principals of Founders Advisors in this transaction….
The SaaS market is entering 2026 in a reset environment, not a collapse. Public multiples have repriced, scrutiny has increased, and AI is reshaping competitive moats. In our February 2026 SaaS Industry Update, we outline what is changing and where disciplined operators can still create value. Key Highlights: M&A activity rebounded in 2025, with global…
GRO Marketing has been acquired by OuterBox.