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…