BIRMINGHAM, Ala. (March 13, 2026) – Founders is pleased to announce that HRI, Inc, a subsidiary of Colas Inc., was acquired by Glenn O. Hawbaker, Inc. (“GOH”). Colas Inc. was exclusively advised by principals of Founders Advisors, LLC in this transaction. The transaction closed February 20, 2026. HRI, Inc. is a diversified construction company with expertise in highways, airports, bridges, water and wastewater treatment facilities, asphalt paving and site development…
BIRMINGHAM, Ala. (Feb. 9, 2026) – Founders is pleased to announce that Dent Moses, LLP has been acquired by Doeren Mayhew, a portfolio company of Audax Private Equity (“Audax”). Dent Moses is a Birmingham-based CPA and advisory firm providing audit, tax, advisory, and IT managed services. Dent Moses was exclusively advised by principals of Founders…
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…
BIRMINGHAM, Ala. (February 26, 2026) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Gridco, Inc. (“Gridco” or, the “Company”) on a minority growth investment from BayHawk Capital (“BayHawk”). The transaction closed on December 31, 2025. Founded in 2023, Gridco is a leading provider of transmission, distribution, and substation services…
A sell-side perspective on valuations, buyer activity, and where the market is heading The Market is Undeniably Hot Let’s start with the obvious: deal activity in the power sector has gone parabolic. After a two-year hangover from the 2022-2023 rate hike cycle (when corporate buyers pulled back and deal counts dropped nearly 30% from their…
BIRMINGHAM, Ala. (January 2026) – Founders Advisors (“Founders”) is pleased to announce the addition of four new Partners to the firm: Gene Bazemore, Brad Johnson, John Sullivan, and Chris Weingartner. These individuals have demonstrated exceptional leadership, client service, and a long-standing commitment to the firm’s mission and values. The firm also announced a strategic reorganization…