The Principals of Founders Investment Banking advised the shareholders of GradesFirst in its strategic sale to The Advisory Board Company (NASDAQ: ABCO). GradesFirst delivers a software-as-a-service (SaaS) solution to higher education institutions. The company’s comprehensive student support system empowers staff to identify and engage at-risk students while also measuring the effectiveness of retention efforts. Founded…
By: Joe Brady The offshore O&G industry has been more resilient to the industry downturn than its onshore counterpart, thanks in part to inherent differences in market fundamentals. Recent reports have also indicated that the offshore O&G industry may be better positioned for a long term recovery in oil prices as well. However, offshore activity…
Coming off 10 year highs for oil and gas deal volume and aggregate value, Duane digs into the current deal landscape for oilfield service providers in a low oil pricing environment.
By Duane P. Donner II The steps to selling a middle market company (companies with $10m to $500m in revenue) are generally not that well known. Yet, there is a proven methodology that, when followed, increases the likelihood of a company obtaining a premium value and getting a deal done. Owners of companies typically see their…
The Principals of Founders Investment Banking, LLC acted as lead financial advisor in a sponsored majority recapitalization of Spartan Energy Services, LLC – which includes subsidiaries Spartan Thru Tubing, LLC and Spartan Flow Control, LLC. The recapitalization was sponsored by Harren Equity Partners who was supported by the debt provider Prospect Capital Partners.
By Madison Davis, Senior Analyst Customer concentration is a notorious deal killer, yet many business owners fail to address this issue prior to pursuing a recapitalization or exit. After all, from an owner’s perspective, landing one household name as a client could be exactly what an up-and-coming company needs to build its credibility in the…