BIRMINGHAM, AL. (March 9, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Barsco, Inc. (“Barsco”) in its sale to the Reece Group (“Reece”). Barsco, founded in 1934 and headquartered in Dallas, TX, is a premier distributor of refrigeration and HVAC equipment, parts, and supplies throughout Texas. With a long history…
BIRMINGHAM, AL (March 8, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Inventory Sales Company (“ISC”) in its sale to Frontenac-backed EFC International (“EFC”). ISC, founded in 1972 by Jim Friedmann and headquartered in St. Louis, MO, is a distributor of Class-C parts with a primary focus on fasteners and…
By: Billy Pritchard Net Working Capital (“NWC”) is a critical component of any transaction involving the sale of a private business. As a seller, it is important to understand the concept of NWC, its impact on a transaction, and how to navigate the common deal terms we see in the Lower Middle Market. Keys to…
BIRMINGHAM, Ala. (February 16, 2023) – Founders is pleased to announce that certain principals of Founders Advisors advised Bag Supply Company, Inc. (“Bag Supply”) in its sale to Field Packaging Solutions, LLC (“Field”). The transaction closed on February 1, 2023. Bag Supply, founded in 1990 and headquartered in Birmingham, AL, is a leading manufacturer and…
Founders’ Consumer Team is excited to announce the 2023 Multi-Unit Summit will be held this year at the Henderson Beach Resort in Destin, Florida from May 24-26th. The elite, invitation-only retreat brings together restaurant leaders from across the country to enjoy, engage, network with peers, and learn from forerunners in the industry. Check out last…
In this edition of Founder’s Human Capital Management Market Insights, our team provides keen insights from the marketplace from Q4 and 2022 as a whole. Global M&A activity was at its second highest level in history in 2022, with estimated deal value exceeding 4.7 trillion, and over 44,000 M&A transactions closed. Our update also includes…