BIRMINGHAM, Ala. – Founders Advisors, LLC (“Founders”) is pleased to announce that its principals served as the exclusive financial advisor to DAMAC Products, LLC (“DAMAC”), a portfolio company of Chicago based Prairie Capital, in its acquisition by Maysteel Industries, LLC (“Maysteel”), a portfolio company of Littlejohn Capital, LLC. The transaction closed on December 15, 2017, and…
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,…
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,…
BIRMINGHAM, Ala. (September 22, 2017) Founders Investment Banking, LLC is pleased to announce LiveText, a provider of assessment software solutions for higher education, has been acquired by Taskstream-Tk20, one of the largest providers of assessment management solutions for higher education. LiveText is one of the pioneers of learning engagement technologies and assessment innovations for higher…
BIRMINGHAM, Ala. (August 24, 2017) — Founders Investment Banking, LLC today announced that Michael White has joined its firm as Managing Director of the newly formed Founders Healthcare Practice. Michael has over 20 years of experience advising healthcare clients on a range of strategic alternatives including IPOs, public and private equity and debt capital raises,…
BIRMINGHAM, Ala. (August 22, 2017) – Founders Investment Banking, LLC is pleased to announce that MoneyUnder30.com (“MoneyUnder30”) has been acquired by XLMedia PLC (AIM: XLM), a market-leading provider of digital marketing services with operations in over 20 countries. MoneyUnder30 is a leading personal finance website geared toward ambitious and highly engaged young adults. The site’s…