Corinthian Capital Group, a New York-based private equity firm, bought Hamilton Group, a consulting and engineering firm focused on the international oil and gas industry. Terms were not released. Hamilton Group was a portfolio company of ShoreView Industries. D.A. Davidson & Co. advised Hamilton Group on the deal.
D.A. Davidson & Co. has advised Hamilton Group, a technology-enabled consulting and engineering firm serving the international oil and gas industry, in their acquisition by Corinthian Capital Group, a New York-based private equity group.
D.A. Davidson & Co. initiated the transaction, sourced the buyer, led the negotiations and acted as exclusive financial advisor to Hamilton Group. Transaction terms were not disclosed. Hamilton Group was a portfolio company of ShoreView Industries.
Commenting on the transaction, Kenneth Clay, a founding member of Corinthian Capital, said, “Over the years, Hamilton Group has established itself as a leading player in the oil and gas consulting and engineering space. We look forward to partnering with Hamilton’s management team and supporting the Company’s expansion domestically and overseas.”
“D.A. Davidson’s deep understanding of Hamilton and its industry provided for a very successful outcome for the shareholders,” said Scott Gage, Partner at ShoreView Industries. “Beyond the financial result, they were able to find a partner for a great management that will serve as a supportive investor for the next phase of Hamilton’s growth. We commend the D.A. Davidson team on being highly professional, detail oriented, well prepared, and persistent throughout the entire process.”*
About Hamilton Group
For over three decades Hamilton Group has provided high-quality, value-added consulting and engineering services to the international energy industry. The Company combines its in-house engineering expertise with the robust technical and project management skills of its consultants to provide world-class engineering, consulting, project management and workforce placement solutions. Hamilton Group provides its services to clients in the upstream oil and gas industry throughout all phases of the exploration and production process including drilling, completion and workover, reservoir evaluation and description, and pre-drilling and post-drilling management. Hamilton is headquartered in Houston, Texas with additional offices in Lafayette, Louisiana; Brazil and India.
About ShoreView Industries
Based in Minneapolis, ShoreView Industries manages $600 million in private equity funds. ShoreView invests in established companies with operations in North America, across a wide range of industries. ShoreView structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.
About Corinthian Capital Group
Corinthian Capital is a New York-based private equity firm founded in 2005 to invest in small and middle market companies located primarily in North America. Corinthian makes equity investments in small and middle market niche and unique manufacturing, distribution, and service companies with annual revenue between $50 million and $250 million.
About D.A. Davidson & Co.
Founded in 1935, D.A. Davidson & Co. holds $23 billion in client assets under management and serves clients nationwide from offices in 16 states. D.A. Davidson’s Investment Banking Group, provides full-service underwriting and advisory services for mid-size and growing companies, including public offerings, mergers and acquisitions and private placements.