Leading middle market investment bank, Harris Williams & Co., launches dedicated Energy & Power industry group. Over the last two years, Harris Williams & Co. closed nearly two dozen sellside transactions within energy, power, and industrial services and expects positive trends to continue.
Richmond, Virginia (PRWEB) February 19, 2008 -- Harris Williams & Co. is pleased to announce the launch of the firm's dedicated Energy & Power Group. Drew Spitzer, Director of Harris Williams & Co., will be leading the firm's efforts across these sectors.
Harris Williams & Co. is a leading advisor within the energy and power M&A markets. Over the last two years, Harris Williams & Co. closed nearly two dozen transactions within energy, power, and industrial services, including transactions such as Summit Energy, Ohmstede, Danaher Corporation's power quality business, comprised of Joslyn Hi-Voltage and Power Solutions, Global Energy Decisions, Aquilex Corporation, Brock Holdings, and Enerwise Global Technologies.
The energy and power industry has become one of Harris Williams & Co.'s most significant focus areas, generating more than $50 million of our firm's revenue during 2006 and 2007. Many sectors have shown sustainable growth driven by strong underlying industry fundamentals and aggressive demand from buyers.
"Our energy and power practice is one of the most active in the country and we expect M&A levels to remain strong across a broad range of sectors," said Drew Spitzer, Director of Harris Williams & Co. "We will continue to engage with companies that enhance the efficiency, safety, and sustainability of energy and power infrastructure through new products, services, and technologies. We are excited about growing our platform and the opportunities that we can pursue with a dedicated group."
Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is one of the largest mergers and acquisitions advisory firms in the country focused exclusively on the middle market. Harris Williams & Co. represents private equity groups as well as publicly and privately held companies worldwide.
Merger and acquisition services are provided by Harris Williams LLC, a registered broker-dealer and member FINRA and SIPC. Harris Williams & Co. is the trade name under which Harris Williams LLC conducts its business.
Drew Spitzer can be reached at 804-648-0072 or by email at aspitzer @ harriswilliams.com.
For more information, please contact Kimberly Baker, Marketing Director, at 804-648-0072.
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