BIRMINGHAM, Ala. (May 9, 2024) –Founders is pleased to announce that certain principals of Founders Advisors, LLC advised MedCenter Urgent Care on their sale to ExperCARE Urgent Care, a portfolio company of Seven Hills Capital. MedCenter has been a staple in the greater Tuscaloosa community since 2002, providing convenient care with a compassionate touch. With this…
BIRMINGHAM, Ala. (May 6, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Black Creek Integrated Systems Corp. (“Black Creek” or the “Company”) in its sale to LXP, LLC (“LXP”). The transaction closed on April 9, 2024. Founded in 1978 and headquartered in Irondale, Alabama, Black Creek is a premier…
BIRMINGHAM, Ala. (May 3, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised AmeriPac, LLC (“AmeriPac”) in its sale to Veritiv Corporation (“Veritiv”). The transaction closed on April 12, 2024. AmeriPac is a leading provider of turnkey contract packaging and fulfilment services with annual revenues of approximately $60 million….
BIRMINGHAM, Alabama, May 3, 2024 – Founders Advisors announced today that Eric Cates has joined the firm as Chief Financial Officer. With more than 10 years of experience in finance and corporate development, Cates will provide financial oversight and support for the continued growth and improvement of the Founders platform. “We are excited to welcome…
BIRMINGHAM, Ala. (March 22, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Kemper Equipment, Inc. (“Kemper”) in its recapitalization by Merit Capital Partners, a middle-market private equity firm based in Chicago, Illinois. The transaction accomplishes the key goal of finding a value-added partner to support the Company in…
In this edition of Founder’s Managed IT Services Q4 2023 Update, our team provides valuable insights from the marketplace based on the fourth quarter. As guarded hopefulness for an economic soft landing ensued, United States MSP & IT Services transaction volume increased quarter over quarter. Our update also includes: “Platform or Add-On – Which Is…