Last month, Porter White attended the ACG M&A South Capital Connection in Atlanta, along with over two-hundred private equity firms, investment banks, and other capital providers. The story we have heard for years continued – competition to invest capital and… Read More >
Porter White & Company, a Birmingham-based investment bank, is pleased to announce that it has completed the sale of Franklin Iron Works, Inc. and Alabama Castings, LLC (collectively “Franklin Iron” or the “Company”) to Druid Capital Partners and Elyton Capital…. Read More >
Last month, PW&Co attended a professional conference with over 1,000 middle-market private equity professionals and other capital providers. The story we have heard for the past few years continued – competition to invest capital and close deals has continued to… Read More >
Porter White & Company, a Birmingham-based investment bank, is pleased to announce that it has advised on the sale of an industrial manufacturing company to JBA Capital, LLC. The terms of the asset sale transaction were not disclosed. As the… Read More >
Henderson Bancshares, Inc. of Troy, AL and First Brundidge Bancshares, Inc. of Brundidge, AL announced yesterday the signing of a definitive agreement for Henderson, the parent company of Troy Bank & Trust, to acquire First Brundidge and its wholly-owned subsidiary… Read More >
Bank of Wedowee’s (Wedowee, AL ) sale to First Bank of Alabama (Talladega, AL) was completed this week. The combined institution has approximately $540 million in total assets through six banking locations in east Alabama. Principals of Porter White &… Read More >
Talladega, AL – FirstBanc of Alabama, Inc. of Talladega, AL and Swann Bancshares, Inc. of Wedowee, AL announced today the signing of a definitive agreement for FirstBanc, the parent company of First Bank of Alabama, to acquire Swann and its… Read More >
On August 4th of this year, the Internal Revenue Service issued proposed regulations under Internal Revenue Code Section 2704 designed to limit consideration of marketability and control factors in the valuation of family-held business interests in estate, gift and generation-skipping… Read More >
Porter, White & Co. assisted in the sale of Pearce Construction, a Huntsville-based general contractor, to senior members of its management team.
PW&Co comments on best practices for business owners when making a succession plan for their company.
PW&Co comments on merger and acquisition activity in light of economic conditions.