Observations Despite the fear due to the COVID-19 Delta variant, the market remains active because of tax law discussions, recovering credit markets, and high levels of buyer dry powder. Combined, announced, and recently completed deal counts continue to near record levels. As the M&A market continues to persevere, confidence in the overall health of the…
By: Dennis Coker Synopsis: After a year of sailing uncharted waters in 2020, how did the major construction materials companies navigate a return to “normalcy” in the first half of 2021? We’ve seen a return to a somewhat normalized state over the last nine months, with M&A activity picking back up fueled by potential tax…
In this edition of the Construction Materials Newsletter, we focus our attention on: Recap of 1H 2021 Predictions for 2H 2021 Valuation and Trading Statistics for Major Players 1H Transaction Trends 1H Notable Construction Materials Transactions View the Construction Materials Newsletter here
By: Mike McCraw and Nathan Kelly Multi-Unit Community Buzz: Buyer Interest Persists Despite Delta Concerns “The pandemic has accelerated consumer behavior meaningfully. We have incremental disposable income because people aren’t traveling, so they’re spending it more on these consumer experiences.” – Venky Ganesan, Partner at Menlo Ventures “The M&A momentum points to a fundamentally strong…
BIRMINGHAM, Ala. (Oct 8, 2021) – Founders is pleased to announce its client, Pool Contractors Supply, Inc. (“PCS”), a leading pool supply distributor headquartered in Memphis, Tennessee, has been acquired by Heritage Pool Supply Group (“Heritage”), a subsidiary of SRS Distribution. The transaction was completed October 8, 2021. Ed Flemmons, President, and Sam Rogers, Vice…
In this edition of Founders’ Multi-Unit Newsletter, we focus our attention on: Market commentary Leading indicator trends Public valuation metrics by sector for consumer services businesses, as well as KPI benchmarks View the Multi-Unit Newsletter here