Investment Grade Advisory is formed by Founders Advisors

Founders Advisors investment bank has formed a new market value assessment company, Investment Grade Advisory, to evaluate and grade middle market private companies. Investment Grade...
Tom Dekle of Milo's.

Podcast: Tom Dekle on leading Milo’s, the Alabama hamburger chain that was his childhood...

Milo's CEO Tom Dekle on the restaurant's 75th anniversary, its burgers, sauce and future.

C Spire launches 243-mile fiber optic cable route

Telecommunications firm C Spire has begun work on a 243-mile fiber optic cable route stretching from Meridian, Mississippi, to Homewood, Alabama. The project — placing...

Eterna Pizzeria and Caffe coming to Birmingham

Eterna Pizzeria and Caffe has signed a lease for space in Printers Corner in the Parkside District of Birmingham. The lease, signed through Orchestra Partners,...

Griffin Electric wires historic Birmingham Building Trades Towers

Wayne J. Griffin Electric Inc. is the electrical contractor on the historic renovation of the 12-story Birmingham Building Trades Tower. The building was built...

StoneRiver Co. closes $80 million fund

Birmingham-based StoneRiver Co. has closed StoneRiver Investment Fund II LLC with more than $80 million of equity commitments, including co-investment capital from its initial...

RxBenefits acquires pharmacy benefits consulting firm Confidio

RxBenefits, a Birmingham-based pharmacy benefits optimizer (PBO), is acquiring Confidio, a pharmacy benefits consulting firm, pending regulatory approval. The terms of the acquisition were...

Three multifamily properties acquired in Tuscaloosa

Three garden-style, multifamily properties in Tuscaloosa have been acquired by Arch Companies and Drake Real Estate Partners. These three properties — Broadmoor Gardens, Copper...

Southern States Bancshares launches initial public offering

Anniston-based Southern States Bancshares Inc., the bank holding company of Southern States Bank, has commenced an initial public offering of 996,429 shares of common...

The Sanders Trust completes rehabilitation hospital construction

The Sanders Trust, a Birmingham-based real estate investment development company, has completed construction of Anderson Rehabilitation Institute in Illinois. The institute is a 34-bed, 50,000-square-foot...

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