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  1. Founders Advises Zigatta in its Acquisition by Improving Enterprises

     BIRMINGHAM, AL (January 26, 2023) – Founders is pleased to announce that Zigatta, LLC (Zigatta) has been acquired by Improving Enterprises (Improving), a modern digital services company. Improving is a portfolio company of Trinity Hunt Partners and is led by CEO Curtis Hite. Zigatta is an industry leading niche staffing, consulting, and solutions firm specializing…

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  2. Preparing Your MSP for a Transaction

    By: Chris Weingartner Most owners of Managed Service Providers, at some point, will consider selling all or part of their company.  Whether the transaction is prompted by a desire to retire, pursue other career objectives, or simply take advantage of a robust market for MSP acquisitions, there are some basic preparations that owners can take…

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  3. SaaS Market Newsletter: Q3 2022

    Our Q3 2022 SaaS Market Newsletter includes useful tools for SaaS entrepreneurs and investors, highlighting the most recent quarter in which interest rate hikes and macro sentiment continued to drive volatility in public markets, with software stocks being impacted to a greater degree than the broader market. Our update includes: Interview with an Expert |…

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  4. Classes of Equity & Impacts to Future M&A Proceeds

    By: Billy Pritchard Preferred vs. Common When assessing one or multiple Term Sheets or Letters of Intent involving a private equity recapitalization, founders often need guidance on a critical piece to the deal structure:  the classification of stock that the PE investor will hold post-closing. For private capital transactions in the lower middle market, we…

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  5. Navigating S-Corp Elections in M&A Transactions

    By: Brad Johnson Many companies in the lower middle market are initially set up as a Limited Liability Company (“LLC”), but as time passes and the business grows, a number of owners will consult with their CPA and make the appropriate elections for their company to be treated as an S-Corp for tax purposes. There…

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