Founders recently hosted the Fall Heritage Forum at Pursell Farms in Sylacauga, Alabama. The forum has a unique focus on the participant’s personal, family, and business legacy. The event is designed to allow the participant to take a step back and look at their life and the legacy that they wish to leave behind. The…
BIRMINGHAM, AL (November 1, 2022) – Founders is pleased to announce that Sunrise Builders Supply, LLC (“Sunrise”), a leading provider of high-quality building supplies for builders, contractors and D.I.Y. homeowners, has been acquired by Kodiak Building Partners (“Kodiak”). Sunrise was advised exclusively on the transaction by principals of Founders Advisors. Sunrise was founded in Horn…
Year-End Overview Despite macroeconomic challenges, many companies have seen positive financial results so far throughout 2022. There has continued to be a steady pace of M&A activity within the construction materials universe. Companies have doubled down on their strategic plans, with both large acquisitions and sizable divestitures. How the Majors Navigated 2022 Construction materials companies…
In the Construction Materials 2022 Review and Year End Outlook, we discuss how the major construction materials companies navigated macroeconomic challenges in 1H 2022. We also look into key trends including what the major players are predicting for 2023 and beyond, their valuation and trading statistics, and notable transactions over the past year. …
Founders Advisors announced a new firm vision, mission and values on Monday morning. In an internal communication to employees, Founders CEO, Duane Donner, revealed the change comes to line up with the company purpose, Servant Leadership. To launch this new era, the firm welcomed retired CEO of Synovous Bank, Jimmy Blanchard, to speak to the…
By: Brad Johnson Many companies in the lower middle market are initially set up as a Limited Liability Company (“LLC”), but as time passes and the business grows, a number of owners will consult with their CPA and make the appropriate elections for their company to be treated as an S-Corp for tax purposes. There…