In this edition of Founder’s Managed IT Services Q1 2023 Update, our team provides valuable insights from the marketplace based on the first quarter. Despite the continued broader macro noise and uncertainty associated with interest rate increases, banking failures, geopolitical conflict, etc., MSP and IT Services M&A remained steady during 2023 Q1. Roughly 170 M&A transactions…
BIRMINGHAM, AL (May 10, 2023) – Founders Advisors is pleased to announce that Founders exclusively advised an undisclosed client (the “Seller”) on the sale of a limestone quarry in Chico, Texas to P&K Stone, LLC. Through a highly targeted, deliberate sale process, Founders was able to find the right buyer for these assets. P&K set…
Unless you are operating your MSP in stealth mode with little to no web presence, odds are that you receive inquiries from private equity groups (PEGs) on a near-daily basis. While this is flattering and can be exciting, it is important to first understand a few basics of how PEGs work, and second, appreciate the…
Founders recently celebrated its 20th Anniversary, a truly memorable experience. Held at the beautiful Pursell Farms in Sylacauga, Alabama, the 3-day celebration was filled with exciting activities, delicious food, and quality time with co-workers and friends of the firm. We could not have asked for a better way to celebrate such a significant milestone. The…
BIRMINGHAM, AL. (February 23, 2023) – Founders Advisors (“Founders”) is pleased to announce that EasyPower, LLC, a premier provider of software for intelligently designing, analyzing, and monitoring electrical power systems, has been acquired by Bentley Systems, Incorporated, the infrastructure engineering software company (Nasdaq: BSY). Established in 1984 and located in Portland, OR, EasyPower has been at…
BIRMINGHAM, AL. (March 1, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Accruit Holdings LLC (“Accruit”), a leading independent Qualified Intermediary and technology service provider of real estate 1031 exchanges, in its sale to Millennium Trust Company, LLC (“Millennium Trust”), a portfolio company of Abry Partners. Accruit has successfully revolutionized…