By: Duane Donner As reported in our August Oilfield Services (OFS) Newsletter, Energy M&A sentiment is increasing; we have seen a slew of transactions announced in recent weeks. These transactions, which were initiated during a period of higher uncertainty, are now being closed with guarded optimism. This recent optimism is being manifested by the sustained…
By: Duane Donner A large subset of Industrial verticals were able to find success during 3Q 2016 even though the price of crude oil and other major commodities remained weak. The construction and engineering segment is a great example. The success of this vertical came from end markets such as healthcare, infrastructure, and aviation. Many…
By: Wesley Legg Unlike listed public companies, private businesses don’t get a daily ticker tape telling them what their worth. But imagine you did. Would that daily feedback from buyers and sellers make you think differently about how you operate your business? While I know public company CEO’s don’t always agree with the market’s perception,…
Shipt, a member-based on-demand grocery delivery marketplace, recently acquired more than $20 million in Series A funding. This funding comes at a time of torrid growth for Shipt, which expects to use the investment to break into new markets and to align itself with a broader spectrum of retailers. Founder and CEO, Bill Smith, commented,…
Founders Investment Banking is pleased to announce that a prominent 340B program management organization has purchased substantially all of the stock of a URAC accredited specialty pharmacy focused on providing care to patients with chronic or difficult to treat conditions across a wide spectrum of therapies. The Company fills prescriptions nationwide, and had experienced average…
Founders recently hired two analysts, Matt Roden and William Short, to support the expanding firm. Their primary responsibility is supporting principals in the execution of deals across the firm. Their duties include conducting industry and company research, preparing financial analysis, and facilitating due diligence. Mr. Roden served as a summer analyst for the firm, while…