BIRMINGHAM, Ala. (January 16, 2015) – Founders Technology Practice experienced a record year in 2014 advising on seven transactions, several of which were previously unannounced. “Our team is extremely pleased with the outcomes that were achieved for our clients during the past year,” remarked Zane Tarence, managing director of the Technology Practice. “It’s always rewarding…
Birmingham, Ala. (August 15, 2014) – Founders Investment Banking, LLC (“Founders”) is pleased to announce that RedOrbit.com (“RedOrbit”) has completed a strategic sale to Science Matters Media. Launched in 2002, RedOrbit is a leading online destination for space, science, technology, and health-related news and educational media. Amassing nearly two million pages of unique content over…
BIRMINGHAM, Ala. (July 10, 2014) – Founders Investment Banking, LLC (“Founders”) is pleased to announce that South Cypress, LLC has completed a growth capital funding round with Fidelis Capital, LLC. Headquartered in Birmingham, Alabama, South Cypress is an online retailer of first quality tile, stone, glass, wood, laminate, and vinyl floor coverings and serves consumers,…
BIRMINGHAM, Ala. (June 5, 2014) — Founders Investment Banking, LLC today announced that Chris Weingartner has joined the firm as vice president of the technology practice and Ben New has joined the firm as an analyst. These additions demonstrate Founders commitment to serve clients with a talented team of professionals. Mr. Weingartner will be responsible…
BIRMINGHAM, Ala. (May 6, 2014) – Founders Investment Banking, LLC (“Founders”) is pleased to announce that Petri IT Knowledgebase (“Petri”) has been acquired by Blue Whale Web LLC. Founded nearly 15 years ago, Petri has grown to become one of the most trusted online resources for IT professionals across the globe. The site features an…
BIRMINGHAM, Ala. (April 8, 2014) Founders Investment Banking, LLC (“Founders”) is pleased to announce that Proventix Systems, Inc. (“Proventix”) has completed a growth capital funding round with a strategic investor. Headquartered in Birmingham, Alabama, Proventix delivers a multimodal solution to the healthcare industry that improves caregiver hand hygiene compliance and reduces instances of healthcare-associated infections…