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…
Guest article by Paul Sparks, retired Senior Vice President of Resource Development at Energen and Founders Energy & Industrials Board Member. This article was originally published on December 14, 2017. I don’t espouse to have a crystal ball on the topic of E&P industry consolidation. But after many conversations with others in the business, I do…
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,…
The Founders team enjoyed attending and hosting friends of the firm at John Maxwell Live 2017 at the Church of the Highlands Grants Mill Campus. Over 2000 business owners and community leaders attended the event where Maxwell shared content from his new book, “No Limits” Blow the Cap Off Your Capacity. Founders was a Level…
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,…
By: Duane Donner The Industrial Services market is dependent on the state of U.S. economy. In this quarter’s edition of the Industrial Services newsletter, we provide readers with the key economic metrics that will impact Southeastern industrial services companies over the next 12 – 24 months; the list includes PMI, an update on the labor…