BIRMINGHAM, AL, June 19, 2012 – Founders Investment Banking (“Founders”) is pleased to announce that Net Direct Merchants (“NDM”) has received an investment from The Mustang Group, a Boston-based private equity firm that invests in innovative middle market companies throughout North America. Net Direct Merchants, headquartered in Florence, Alabama, is a leading online retailer in…
BIRMINGHAM, AL, May 22, 2012 – Founders Investment Banking (“Founders”) is pleased to announce that Health Information Designs, Inc. (“HID”) has received a growth investment by Boston-based BV Investment Partners (“BV”), a private equity firm with over $2.6 billion of committed capital. Headquartered in Auburn, Alabama, HID provides data analytics and software solutions, and services…
One of Founders’ past clients offers an insider’s look into the events and emotions surrounding the negotiation of a successful exit of his web property to a publicly-traded company… When I started Get Rich Slowly — on 15 April 2006 — it made very little money. It earned a few pennies per day. Slowly, the…
Founders Investment Banking, LLC is pleased to announce that FrugalTravelGuy.com has been acquired by Internet Brands, Inc., a leading Internet media company that owns and operates e-commerce and community-based websites across a variety of industry verticals. Formerly headquartered in Hilton Head Island, South Carolina, FrugalTravelGuy.com was founded in 2007 by Rick Ingersoll, a retired mortgage…
by Martin Swant – The Birmingham News ZANE TARENCE Title: managing director, Founders Investment Banking. Hometown: Montgomery. Education: Bachelor’s degree in business administration, Auburn University in Montgomery; master’s degree in organizational management from Southern Christian University. Career: Since 2007, managing director and partner, Founders Investment Banking’s technology practice. Previously, vice president of business development at CTS Inc….
Founders Investment Banking’s Internet & Digital Media practice is pleased to announce the closings of two previously unannounced transactions that were completed in 2011. These transactions include The sale of Consumerism Commentary to QuinStreet, Inc. (NASDAQ: QNST). Consumerism Commentary (www.ConsumerismCommentary.com) is among the pioneers in the online personal finance publishing space and has grown to become one…