Energy & Industrial Services

Key Trends in the Market

The global energy market has undergone unprecedented change over the past several years. Volatility in global events and heightened environmental, social and corporate governance (ESG) pressures from investors, regulators and consumers, as well as the transpiring energy transition, are driving forces in the industry.

Nonetheless, as global demand for energy continues to grow into the foreseeable future, oil and gas remain a critical component of the world’s energy supply. Underinvestment over the past decade in developing oil and gas resources is resulting in a significant price response.

In the meantime, limited capital availability and investor demands have forced companies to live within cash flows. These factors are driving an urgency for industry consolidation and an expanding backlog of sponsor-backed companies that need to be monetized. Divestitures are also occurring, as corporations seek to reduce debt and reposition, while restructuring activity continues for companies with challenged balance sheets. Within industrials, companies continue to closely scrutinize their business portfolios, costs and capital structures. Some companies have chosen to divest noncore or more volatile divisions and redeploy proceeds into new markets or to pay down debt. Others have focused on technology adoption and operational improvements to reduce costs, improve margins and ultimately enhance competitive positioning. Areas such as artificial intelligence and automation are attracting attention and capital.

How We Help

Clients rely on our team’s combined 80 years of industry experience, gained through successfully executing over 260 M&A transactions, totaling $90 billion-plus across the value chain. We have deep and proven advisory experience in:

• Mergers and Acquisitions
• Sales, Divestitures and Majority Recapitalizations
• Private Capital Raises (Equity and Debt)
• Turnarounds, Refinancings and Restructurings
• Initial Public Offering Positioning
• Fairness Opinions and Valuations
• Other Financial and Strategic Advisory Services

We know the industry, the players and the market environment. Our team has extensive, long-term relationships with industry management teams, board members, private equity firms, lenders and other advisors that give us unequaled access to key decision-makers.

Your interests always come first. Because of our commitment to the industry, we bring unmatched depth of knowledge to any challenge. We understand the strategic and financial issues that drive and create value for those in the E&IS space.

Who We Serve

• End Markets: Exploration/Drilling, Well Completion, Production Cycle, Transportation and Logistics, Processing/Refining/Storage, Decommissioning, Other Process Industries, Utility Transmission and Distribution, Energy Transition and Renewables
• Key Subsegments: Consumables, Distribution/Logistics, Engineering and Construction, Field Services, Fluids and Chemicals, Pipe, Valves and Fittings, Rental Services, Subsea Equipment, Surface Equipment, Technology and Software, Tools/Assemblies