In this edition of Founders’ Industrial Technology Update, we place our focus on the major players and transactions across the industrial technology landscape, as defined by the six sectors by which we segregate the industry. We will look at historical transaction trends, most active acquirers, notable transactions in 2019, and analyze public company valuations for…
By: Wesley Legg According to Capital IQ and Founders proprietary sources, there were an estimated 39 transactions involving Alabama companies completed in the fourth quarter of 2019, which is less than the number of transactions in the same quarter of the previous year. M&A and private placement activity was down 28% quarter over quarter. Transaction…
By: Michael White One Medical completed its initial public offering recently, pricing 17.5 million shares at $14.00 per share which equates to an equity and enterprise value of $1.7 billion and $1.3 billion, respectively. The offering priced at the bottom end of the range of $14.00 to $16.00 but was well received by investors in…
Founders experienced another record year in 2019; the firm added eight new members to the team, including the addition of a managing director in the Dallas office, Sterling Smith, a very experienced banker who will focus on business services. Founders also hosted business leaders, owners, and executives at several banner events, including Heritage Forum, Silicon…
BIRMINGHAM, AL (January 30, 2020) – Founders is pleased to announce that Track What Matters, LLC, (TWM) d/b/a Rhino Fleet Tracking (Rhino) has been recapitalized by Accel-KKR, a leading Silicon Valley based technology-focused investment firm. Rhino’s fleet tracking systems optimize fleet performance and ensure that business owners and managers know where their assets are and…
By: Duane Donner The steps to selling a middle market company1 are generally not that well known. Yet, there is a proven methodology that, when followed, increases the likelihood of a firm obtaining a premium value and getting a deal done. Over the next several weeks we will take a deep dive into this methodology…