DALLAS, TX, August 22, 2018 – Founders Advisors is pleased to announce that United Technologies Corp. (NYSE : UTX ) has acquired Predikto, Inc., an Atlanta-based predictive analytics software company. Predikto is known for its proven cloud-based predictive health maintenance solution, which enables customers to forecast and improve asset reliability with greater certainty. Predikto was exclusively advised by…
To support recent growth, the firm has brought on additional talented professionals to better serve clients’ needs. Miller Williams and Matt Stanford have come onboard as analysts with the primary responsibility of supporting principals in client service and execution of deals across the firm. Their duties include conducting industry and company research, preparing financial analysis,…
Patrick Rukundo, past Analyst at Founders Advisors, recently returned to Rwanda to help Bridge2Rwanda (B2R) start new businesses and foster entrepreneurship among other young Rwandans who are graduating from United States and European universities and returning home. Patrick always knew he wanted to return to Rwanda, his home, and where he says is the one…
By: Gene Bazemore According to Capital IQ and Founders’ proprietary sources, M&A and private placement activity in the second quarter of 2018 decreased 9% versus the same quarter in the previous year. Transaction activity in the Dallas-Fort Worth market represents a diversified mix of industries, with Industrials, Information Technology, Financials, and Healthcare representing the top sectors…
By: Wesley Legg According to Capital IQ and Founders proprietary sources, there were an estimated 31 transactions involving Alabama companies completed in the second quarter of 2018, an decrease of 30% versus the same quarter in the previous year. M&A and private placement activity was down 26% quarter over quarter. Most of the transactions completed…
By: Michael White Both Quest and Lab Corp have now reported earnings and have traded off significantly. Quest was off 8.3% Tuesday on a top-line revenue miss of 2% versus the street. LabCorp traded off 2% in sympathy Tuesday before reporting an earnings beat (revenue and EPS) Wednesday before trading off another 5% bringing the…