OPERATING AND ADVISING THROUGH MANY CYCLES
Although many in our field view oilfield equipment and services as a homogeneous niche of the energy sector, we view it much differently. Our founding partners began their careers in the oilfield service industry at firms that are involved in different operating areas. These firms include: FMC, Halliburton, Pool Energy Services (now part of KEANE) and Dual Drilling (now part of Ensco). We have field understanding of drilling, oilfield equipment and oilfield services (from drilling and completion through production and abandonment).
After successfully beginning careers in oilfield services, each of our founding partners migrated into investment banking. At PPHB, we bring together tremendous investment banking insight from a cross section of the firms from large institutions like Chase Securities (now JPMorgan Chase), and CIBC World Markets to smaller, more middle-market focused firms like Raymond James and Rauscher Pierce. Prior to PPHB, our founding partners managed public and private debt offerings and advised on both the sell and buy sides of mergers and acquisitions.
Since formation in 2003, this foundation has proved valuable. PPHB has represented some of the sector’s larger public companies, top private equity firms, and many renowned family and entrepreneur-owned companies.