BIRMINGHAM, Ala. – Founders is pleased to announce that Pugh Lubricants and Apollo Oil (Pugh-Apollo) has acquired Veteran’s Oil, Inc., a leading fuel and lubricant distributor based in Birmingham, AL. The Company, founded after World War II in 1945, will operate alongside Pugh-Apollo in the lubricant distribution space. Jason Musgrove, grandson of the Company’s original founder,…
The Founders team enjoyed attending and hosting friends of the firm at John Maxwell Live 2017 at the Church of the Highlands Grants Mill Campus. Over 2000 business owners and community leaders attended the event where Maxwell shared content from his new book, “No Limits” Blow the Cap Off Your Capacity. Founders was a Level…
BIRMINGHAM, Ala. (December 7, 2017) – Founders Advisors, LLC (“Founders”) is pleased to announce that its principals served as the exclusive financial advisor to Another Broken Egg of America (“Another Broken Egg”) in its majority recapitalization by The Beekman Group. The transaction closed on October 16, 2017, and was led by Duane P. Donner II,…
By: Duane Donner The Industrial Services market is dependent on the state of U.S. economy. In this quarter’s edition of the Industrial Services newsletter, we provide readers with the key economic metrics that will impact Southeastern industrial services companies over the next 12 – 24 months; the list includes PMI, an update on the labor…
By: Zane Tarence In Founders’ Q3 2017 SaaS Market Update, we recap recent transactions seen in the industry and provide industry benchmarks designed to be insightful and valuable for both operators and investors in the space. We also explore revenue recognition changes required by ASC 606 for contractual revenue that roll out beginning in January…
In the Founders’ Q3 2017 Oilfield Services Update we recap the year behind us and provide insight into developing trends in the industry. We also discuss developments in the energy markets over the last 12 months and how they will impact service companies as we head into the new year. The top energy story of…