By: Ken Hirsch As noted in the Founders Capital Market Newsletter, there appears to be plenty of capital available and borrowing spreads are tightening though lenders and investors remain defensive on industry sectors they will invest in and deal structure. On the demand side, transactional deal flow has strengthened over the last 60 days with…
While the last several months have been a rollercoaster for everyone, there is a lot of encouraging news for SaaS entrepreneurs and investors that we highlight in our November 2020 SaaS Market Newsletter. Our update includes: Comments and insights from industry experts Potential tax impacts on business owners as 2020 election outcomes remain unresolved Valuation multiples…
Founders is relationship driven; our firm’s purpose is “To Grow Leaders and Build Lasting Relationships”. We are driven by forming relationships with those we serve, this also includes our coworkers and peers. 2020 has provided its challenges for connecting, but the firm has been intentional about safely ensuring the camaraderie among the team has not…
BIRMINGHAM, AL – Founders Advisors (“Founders”) is pleased to announce that Lee Electrical Construction, LLC (formerly Lee Electrical Construction, Inc.), a provider of specialty construction services to investor-owned utilities, electric cooperatives, municipalities, and industrial companies, has been acquired by Quanta Services, Inc. (NYSE: PWR). The transaction was completed in August 2020. Lee Electrical Construction was…
2020 has been an interesting year, and after cancelling the Spring Heritage Forum, Founders was excited to host the Fall Heritage Forum October 19th-21st at the beautiful Pursell Farms. While many aspects of the event looked a little different this year to ensure the safety of all participants and follow safe social-distancing guidelines, the forum…
This edition of Founders’ Multi-Unit Market Insights includes industry buzz, recent transactions, operating statistics, and Chapter 4 of our educational series on driving value in multi-unit companies. Recordings of our recent live webcasts are also included, where we sat down with the Presidents of Retail Strategies and Downtown Strategies and the Owner and Co-Founder of Moe’s BBQ. …