During my junior year over winter break, I had the good fortune to be able to do a short internship at Founders Investment Banking, based in Birmingham, Alabama. I was hired to be an analyst for Founders’ recently-started Internet and Digital Media Group and actually managed to work on two deals, both of which closed. We helped to sell NursingJobs.org and CreditorWeb.com to Internet Brands, a NASDAQ-listed online media operator. It was my first opportunity interacting with technology with a more in-depth business-based perspective and was a great experience, in terms of exposure to both tech and finance.
Founders is primarily a middle-market boutique specializing in the Southeast, but recently they have closed a few more high-profile deals as well, one of which was featured in peHUB just a few days ago: Rock Gate Partners’ acquisition of Walpar. The Internet and Digital Media Group also closed the sale of Bankaholic.com to Bankrate, Inc. for ~$15 million (including earnouts), making it the most lucrative sale (ever) of a WordPress-based site. Consequently, I wanted to take this opportunity to congratulate the firm on its growth over the past two years, especially the Internet and Digital Media Group.
So if you need an investment banker for your digital media or Internet company, hit these guys up. They’re super-friendly and are professionals with character.
