Founders recently hired a practice group manager, Rebecca Askew, and analyst Jacob Brackmann, to support the firm’s growth. As practice group manager, Rebecca supports the technology team in practice management, business development, as well as overseeing specific marketing and events. Prior to joining Founders, Rebecca served as Business Development Manager for Vaco and Marketing Manager…
By: Wesley Legg Founders experienced another record year in 2018, with principals advising on thirteen transactions, and expansion of the team and a new office in Houston. Highlights of Founders’ 2018 transactions are listed below. In some of the transactions, due to competitive sensitivities, the acquirers have requested that some or all of the parties…
BIRMINGHAM, Ala. (January 22, 2019) – Founders Advisors (“Founders”) is pleased to announce that certain principals served as the exclusive financial advisor to Atchafalaya Measurement, Inc. (“AMI”) a portfolio company of Tampa based KLH Capital, in its recapitalization and merger with SPL, an industry leader in hydrocarbon production measurement services, and a portfolio company of…
By: Matt Stanford Having a firm understanding and consistent application of accounting principles is critical to substantiating operational and financial performance to investors, particularly when subjective judgment is involved. An area of accounting that is persistently subjective and challenging for high-growth SaaS companies is the capitalization of software development costs. In our quarterly tip, we…
Earlier this month, the Founders team enjoyed hosting friends of the firm at John Maxwell Live at the Church of the Highlands Grants Mill Campus. Over 2000 business owners and community leaders attended the event. This year, Maxwell was joined by bestselling author Patrick Lencioni. Founders was the Presenting Sponsor of the event; all event…
This SaaS Industry Update includes comments and insights from industry participants and articles of note regarding growth, M&A timing, and churn. In the quarterly tip, we have outlined considerations for when and why SaaS companies may choose to account for software development costs as an operating expense or capital expenditure.