June 6, 2018 BIRMINGHAM, Ala. – Founders Advisors (Founders) is pleased to announce that The Spectrum Companies acquired Pipe Services of Alabama – based in Birmingham, AL on May 31, 2018. Founders acted as transaction advisor to Spectrum, a leading regional environmental consulting and services firm. Pipe Services of Alabama is a specialized service company…
By: Michael White On Friday, May 25th UnitedHealth and Aetna announced that beginning on January 1, 2019 both LabCorp and Quest will become in-network labs for both of the insurers. LabCorp will continue its role as United’s exclusive national laboratory provider through the end of 2018 and Quest will do the same for Aetna. Beginning…
By: Zane Tarence In the Founders’ Q1 2018 SaaS Update, we explore recent transactions, analyze key performance indicators for owners to benchmark against, and share interesting quotes from leaders in the space. Also included is a brief literature review of some of the top SaaS related articles we’ve read recently and an overview of our…
By: Duane Donner Given the high correlation between oil prices and oilfield service M&A activity, OPEC’s decision to curb production will likely have a positive effect on the U.S. Energy M&A market. Transaction volumes through the first quarter of 2018 were up 22% over Q1 2017 levels, and sentiment surrounding stability in the market remains…
By: Gene Bazemore According to Capital IQ and Founders proprietary sources, M&A and private placement activity in the first quarter of 2018 decreased 9% versus the same quarter in the previous year. Once again this quarter, transaction activity in the Dallas – Fort Worth market continues to be diversified with Industrials, Information Technology, and Healthcare…
We are excited to announce that Billy Pritchard, an Associate at Founders, was recently named one of Birmingham’s Rising Stars of Money. We are thankful to have Billy on our team. The BBJ 2018 Rising Stars of Money honors up-and-coming professionals in the fields of banking, finance, wealth management and other financial fields. All honorees…