DALLAS, Oct. 15, 2013 – Corporate merger and acquisition (M&A) deals in the oil and gas energy industry, as well as technology and construction, have dominated the closings Capital Alliance Corp. (www.cadallas.com), a global mid-market investment banking firm, has helped consummate through the first three quarters of 2013.
Early in the year, Capital Alliance assisted in an international M&A deal involving the sale of a pipeline construction firm, Parkland Pipeline Contractors of Alberta, Canada, to a $1.87 billion revenue U.S. provider of consulting, engineering, program management, construction management and technical services, Tetra Tech, Inc., of Pasadena, Calif. Not long thereafter, Capital Alliance helped close another oil and gas-related transaction involving an oil field services firm. Panhandle Oilfield Services Company of Liberal, Kan., was purchased by two private equity firms, Argosy Capital of Wayne, Penn., and Akoya Capital of Chicago..
In another energy-related construction deal, Capital Alliance consulted with the principal shareholders of Energy Erectors of Leesburg, Fla., in the sale of the company to MasTec, Inc. of Coral Gables, Fla., a $4 billion revenue diversified engineering and specialty contracting company serving the electrical transmission and distribution, oil and natural gas pipeline, telecommunications and digital entertainment industries. Energy Erectors is an electrical construction contractor specializing in high-voltage transmission substations for electrical utilities and power infrastructure developers.
Crossing over into the technology industry – another expertise of Capital Alliance – the firm negotiated the sale of a provider of high-performance hosted or customer premise installed interactive voice response (IRV) solutions. Interact Telecom Solutions of Lincoln, Neb., was purchased by NewNet Communications Technologies of Arlington Heights, Ill., a wholly-owned portfolio company of Skyview Capital, a global leader in mobility technologies with a primary focus in messaging, signaling, wireless broadband, consumer Internet, multimedia content delivery, mobile advertising and secure transactions.
“The gradual improvement in the global economy certainly has played a role in the deals activity we’ve seen so far during 2013,” said Ed Dawson, chairman, president and CEO of Capital Alliance. “Another factor is the pent up demand for mergers and acquisitions that has grown while we made our way through the recession. If the volume of new deals we are encountering is any indication, we believe the economy has turned a corner even if growth remains modest.”
About Capital Alliance
Capital Alliance is a global mid-market investment banking firm providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including energy, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value in excess of $3 billion. For more than 25 years, Capital Alliance has been a member of M&A International, an organization of investment banking firms operating in the major economies of the world.
Capital Alliance Corporation
2777 N. Stemmons Freeway, Suite 1220
Dallas, TX 75207
(214) 638-8280
www.cadallas.com
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