PPHB cultivates and maintains relationships with the institutional private equity community. We have been fortunate to have executed numerous transactions with private equity sponsors – from the placement of growth equity to complete recapitalizations and leveraged buy-outs. There are more than 400 separate institutional private equity funds that will invest in the oilfield service sector. These funds’ appetites vary based on many factors, including: the size of investment, geographic footprint of the company, stage of the company in its life-cycle, sub-sector of the oilfield service space (manufacturing vs. service) and structure of the transaction. By maintaining relationships with these firms, PPHB is aware of their interests and is well-positioned to create a competitive market for the placement of private equity and the sale or recapitalization of oilfield service companies.