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. …
By: Ken Hirsch Founders Advisors continues to closely monitor market conditions across the various private credit markets. We are committed to providing our clients and business partners keen market insight and thoughtful advice, particularly during this time of health, economic and political uncertainty. As part of a continuing series of market commentary, attached is our…
By: Michael White Healthcare M&A activity has seen a recent increase with numerous high-profile transactions announced in the third quarter across subsectors. First quarter deal volume was on pace year over year with overall dollar volume contracting considerably due to lower leverage utilization and availability as buyers began to evaluate risk due to COVID. The…
Founders has recently hired three analysts to enhance the growing team. EJ Marino, Jonathan Elliott, and Joseph Vinar have joined Founders team with the primary responsibility of supporting transaction principals in the execution of deals across the firm. EJ is from Birmingham, AL and received his B.S.B.A. from Auburn University, majoring in Accountancy. After completing…