By Neal Patel Managing Director and Energy Infrastructure Practice Leader The Port of Corpus Christi has been undergoing a historic buildout of oil and gas infrastructure that should position the Gulf Coast port as a major energy exporter for decades to come. Last year, Houston-based Cheniere Energy, the second largest global producer of liquefied natural...
Category: <span>Blog</span>
Workforce shortages to keep nursing staffing firms on their toes
By Neal England Managing Director HRM Practice Leader A majority of nurses surveyed in late 2019 said the nursing shortage has worsened, a continuing challenge that will produce a ready pipeline of business opportunities for staffing companies placing nurses. A survey of 20,000 registered nurses in the U.S. by AMN Healthcare Services Inc. found that...
ART of the DEAL – Thinking of selling your business? Five ways to get ready
By Brad Buttermore Managing Partner and CFO Art of the Deal is an occasional series about the steps involved in selling your business. Selling a business takes preparation that starts at the beginning, with organizing, funding, building and running the company. If you are thinking about selling your company this year, here are five things...
Strategic partnerships more important than ever for Mexico energy sector investors
By Antoine Marchand Managing Director Private and foreign investors saw a notable policy shift in Mexico’s energy reforms over the past year under President Andrés Manuel López Obrador (AMLO), who recently completed the first year of his six-year term. Mexico’s move toward increased private and international investment in its energy sectors under former President Enrique...
What is the CFO role in the M&A process?
By Brad Buttermore Managing Partner and Chief Financial Officer The merger & acquisition process necessitates involvement of many professionals, especially the CFO, who, at the heart of the organization, manages cash flow, capital allocations, planning and budgeting, and many times, oversees growth and strategic planning at a high level. With all the responsibilities assigned to...
PEO survey: Revenue and profits on the rise in Q3
By Brad Buttermore Managing Partner and Chief Financial Officer Revenue and gross profits rose year over year during the third quarter of 2019 for Professional Employer Organizations (PEOs) operating in the United States, with 25% of those surveyed reporting that revenue was up significantly, and 15% noting a significant increase in gross profits. We see...
PEOs enjoying double-digit revenue growth
By Brad Buttermore Managing Partner and Chief Financial Officer Professional Employer Organization (PEO) annual revenue grew by double-digits in 2018, according to an industry survey from the National Association of Professional Employer Organizations (NAPEO). The revenue growth rate for all participating PEOs was 10 percent, with the largest firms (PEOs with more than 5,000 worksite...
M&A cools as Wall Street tames the wildcat out of the oil patch
By Todd Garner Managing Director M&A activity in the oil patch appears to be on hiatus as Wall Street skepticism rises over whether there’s actual money to be made in the country’s current shale development environment. Dropping natural gas prices and the rising cost of oil production and exploration would seem to indicate a market...
CAC’s new acquisition & divestiture practice offers oil & gas developers and investors confidentiality and an alternative to auctions
By Bryan Livingston Managing Partner and CEO Investors and owners/developers in the conventional oil & gas assets and infrastructure middle market now have an advisor with a truly global reach and an alternative to the auction process for acquisitions and divestitures (A&D). Capital Alliance Corp. (CAC) recently added A&D to its suite of transaction services...
Occidental’s acquisition of Anadarko could lead Permian Basin operators to reduce assets to prep for coming M&A opportunities
By Todd Garner Oil and Gas Asset Practice Leader Managing Director Occidental Petroleum’s recent announcement that it will buy Anadarko could signal a new wave of merger and acquisition activity in the oil patch, with the Permian Basin a main target. The deal, after all, is the largest acquisition in the oil & gas industry...