A Birmingham investment firm is hoping to become a national leader in brokering sales of niche Web sites to major media corporations. Zane Tarence, managing director of Founders Investment Banking LLC, said a seismic shift in the advertising industry is inflating the value of niche Web sites. Sites dedicated to business credit card rates and…
Founders Investment Banking, LLC is pleased to announce that CreditorWeb.com has been acquired by Internet Brands, Inc. (Nasdaq: INET), a leading Internet media company that owns and operates e-commerce and community-based websites across a variety of industries. Formerly headquartered in Broken Arrow, Oklahoma, CreditorWeb.com is a leading credit card comparison site that allows consumers to…
Founders Investment Banking, LLC is pleased to announce that Lafayette Workboat Rentals, LLC has been recapitalized with a growth investment by Lime Rock Partners, an energy-focused private equity firm with over $1.6 billion of capital under management. Founded in 1998, Lime Rock Partners is a creative, value-adding, and long-term investor of growth capital in global…
Founders Investment Banking, LLC is pleased to announce that it has successfully advised on the disposition of three net leased properties, all located in Huntsville, Alabama, that currently serve as the corporate headquarters and design/production facilities for Chandler/May, Inc. (“CMI”), an aerospace and defense company specializing in computing systems for the modern battlefield. The properties…
Founders Investment Banking, LLC is pleased to announce that it has successfully advised on the disposition of two net leased industrial properties—one located in Atlanta and the other in Birmingham—that are 100% occupied by Ferguson Fire and Fabrication, a division and wholly-owned subsidiary of Wolseley, plc of the United Kingdom. The properties were sold in…
Founders Investment Banking, LLC is pleased to announce Mature Options, LLC has expanded its presence in Alabama via the acquisition of the North Mobile Retirement Center assisted living facility located in Satsuma, Alabama (a suburb of Mobile, Alabama). The forty bed facility will be operated by Mature Options LLC, a provider of assisted living services to…