By: Michael White Another piece to the puzzle relating to Amazon’s plans for the healthcare space fell into place today with the announcement that Amazon was acquiring an online pharmacy, PillPack, for ~$1 billion. The online pharmacy sorts prescriptions by dosage and ships the medications to consumers that are managing multiple prescriptions. The acquisition of…
THE TRANSACTION The Principals of Founders Investment Banking served as exclusive financial adviser to Enovation Controls in its divestiture of its Power Controls (PC) and Vehicle Technologies (VT) lines of business to Sun Hydraulics Corporation (NASDAQ: SNHY). Enovation Controls and Sun Hydraulics closed the transaction on December 5, 2016. THE COMPANY Enovation Controls operates in…
By: Zane Tarence From October 3rd – 5th, Founders held its annual SaaS and Internet Summit at Chateau Elan Winery & Resort outside of Atlanta, Georgia. The Founders team hosted more than fifty CEOs and leaders of top SaaS and Internet companies and eleven prominent technology-focused private equity and venture capital groups to share best…
By: J. Wesley Legg If your company is considering buying or selling, it is important to understand the differences between the types of transactions and some key considerations when structuring a deal. Stock vs. Asset vs. Merger A stock sale is the purchase of the owner’s shares of a corporation. Usually, the selling organization and its…
BIRMINGHAM, Ala. (April 8, 2016) – Founders Investment Banking, LLC is pleased to announce that Würth Group (Würth) has purchased substantially all of the assets of House of Threads, Inc. (House of Threads), a leading distributor of fasteners. House of Threads’ shareholders were exclusively advised by Founders Investment Banking. The transaction closed on April 1,…
By Duane P. Donner II, Managing Partner 2015 M&A REVIEW The numbers are still being tallied, but we already know that 2015 proved to be a record year for global M&A activity. Dealogic reported in late December that global M&A activity will exceed $5 trillion, the highest aggregate value ever, up 37% from 2014 ($3.67 trillion)….