In this edition of Founders’ Managed IT Services Q3 2023 Update, our team provides valuable insights from the marketplace based on the third quarter. As stability reentered the M&A market, driven largely by the Federal Reserve slowing interest rate hikes, MSP and IT Services transaction volume increased in the third quarter. 174 MSP and IT Services…
BIRMINGHAM, AL. (November 10, 2023) – Founders is pleased to announce that Raptor Scientific (“Raptor”), a renowned provider of cutting-edge test and measurement instrumentation, has acquired MEDTHERM Corporation. (“MEDTHERM”). MEDTHERM is the leading provider of heat flux sensors and infrared radiometers for mission-critical applications in the Aerospace, Defense, Commercial Spacecraft, and Industrial markets. Renowned for its…
BIRMINGHAM, AL. (November 8, 2023) – Founders is pleased to announce that IntelliBridge, Inc. (“IntelliBridge”) has acquired RevaComm, Inc. (“RVCM”), a mission-driven digital transformation firm with robust technology products and deep agile DevSecOps expertise that serves federal civilian and defense agencies. IntelliBridge is backed by Enlightenment Capital. RVCM was exclusively advised by principals of Founders Advisors…
Founders Advisors recently hosted our ninth annual tech summit, Silicon Y’all. Silicon Y’all is an exclusive gathering of technology entrepreneurs and investors held at the beautiful Ross Bridge Resort & Spa in Birmingham, AL. More than an event, it is an intimate gathering where each participant’s experiences and expertise help shape meaningful conversations and learnings….
BIRMINGHAM, AL. (November 2, 2023) – Founders is pleased to announce that Payroll Integrations has closed a $20 million Series A funding round led by Arthur Ventures, a Minneapolis-based growth equity firm with deep expertise in B2B software. Payroll Integrations provides direct two-way connections between payroll providers and benefit platforms as an integration platform-as-a-service (iPaaS). Payroll Integrations…
Founders recently hosted the annual Fall Heritage Forum at the beautiful Pursell Farms in Sylacauga, Alabama. The 48-hour retreat is a unique opportunity for high-capacity leaders to engage in teaching sessions, panel Q&A’s, small group discussions, fireside chats, casual socializing, recreation, and 5-star meals all centered around the theme of: living a purposeful life of…