In this edition of Founders’ Q1 Consumer Newsletter, our team provides valuable insights on the current marketplace, including seemingly positive outlook for 2023 on the heels of peaks throughout 2021 and disruptions in 2022. We also discuss key indicators and takeaways from the past quarter, a middle market M&A overview, current buzz around the marketplace, and…
BIRMINGHAM, AL. (March 9, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Barsco, Inc. (“Barsco”) in its sale to the Reece Group (“Reece”). Barsco, founded in 1934 and headquartered in Dallas, TX, is a premier distributor of refrigeration and HVAC equipment, parts, and supplies throughout Texas. With a long history…
BIRMINGHAM, AL (March 8, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Inventory Sales Company (“ISC”) in its sale to Frontenac-backed EFC International (“EFC”). ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and…
By: Billy Pritchard Net Working Capital (“NWC”) is a critical component of any transaction involving the sale of a private business. As a seller, it is important to understand the concept of NWC, its impact on a transaction, and how to navigate the common deal terms we see in the Lower Middle Market. Keys to…
BIRMINGHAM, Ala. (February 16, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Bag Supply Company, Inc. (“Bag Supply”) in its sale to Field Packaging Solutions, LLC (“Field”). The transaction closed on February 1, 2023. Bag Supply, founded in 1990 and headquartered in Birmingham, AL, is a leading manufacturer and…
Founders’ Consumer Team is excited to announce the 2023 Multi-Unit Summit will be held this year at the Henderson Beach Resort in Destin, Florida from May 24-26th. The elite, invitation-only retreat brings together restaurant leaders from across the country to enjoy, engage, network with peers, and learn from forerunners in the industry. Check out last…