Category Archives: Press Release

  1. Founders Advises Tri-State Water, Power & Air on its Sale to NorthCurrent Partners

    BIRMINGHAM, Ala. (Jan 7, 2021) – Founders Advisors is pleased to announce that NorthCurrent Partners has acquired Tri-State Water, Power & Air as a platform company in the home services sector. Tri-State is a leading provider of premium residential upgrade products and services. Tri-State was exclusively advised on the transaction by principals of Founders Advisors….

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  2. Founders Advises Data Masons on its Sale to SPS Commerce

    BIRMINGHAM, Ala. (Jan 4, 2021) – Founders Advisors (“Founders”) is pleased to announce that SPS Commerce, Inc. (NASDAQ:  SPSC) has acquired D Masons Software, LLC (“Data Masons”), a leading provider of cloud-hosted Electronic Data Interchange (“EDI”) software and related software services for the Microsoft community. SPS Commerce’s acquisition of Data Masons closed on December 17,…

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  3. Founders Advises on the Sale of John-Richard

    BIRMINGHAM, AL – Founders Advisors (“Founders”) is pleased to announce that John-Richard, a leading designer and manufacturer of high-end home furnishings, has been acquired by The Dorman Group of Companies in partnership with Merit Capital Partners and CEO Alan Galbraith. The transaction was completed in October 2020 between the partners and Alex Malouf, founder of…

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  4. Founders Advises on the Sale of Lee Electrical Construction, Inc.

    BIRMINGHAM, AL – Founders Advisors (“Founders”) is pleased to announce that Lee Electrical Construction, LLC (formerly Lee Electrical Construction, Inc.), a provider of specialty construction services to investor-owned utilities, electric cooperatives, municipalities, and industrial companies, has been acquired by Quanta Services, Inc. (NYSE: PWR). The transaction was completed in August 2020. Lee Electrical Construction was…

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  5. Founders Advises Industry Services Company in its Recapitalization by Osceola Capital

    BIRMINGHAM, Ala. (September 16, 2020) – Founders Advisors (“Founders”) is pleased to announce that certain principals of Founders Advisors advised Industry Services Company (“ISC”) in its recapitalization by Osceola Capital.  Osceola Capital’s majority recap of Industry Services Company closed on August 14, 2020.  Concurrent with the transaction, ISC has completed the acquisition of Guy Nielson…

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