Harris Williams & Co. Advises Cotton Holdings, Inc. on its Recapitalization
Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for more than 25 years, announces that it advised Cotton Holdings, Inc. (Cotton) on a successful recapitalization with BBVA (NYSE:BBVA), providing the company with significant liquidity, operational flexibility and the ability to execute on attractive growth opportunities. Cotton is a leading, nationwide disaster restoration services and workforce logistics company providing services to public and private entities throughout the U.S. and internationally. Harris Williams & Co. served as the exclusive advisor to Cotton. The transaction was led by Derek Lewis, Brian Lucas and Graham Gillam of Harris Williams & Co.’s Business Services Group.
“Cotton is an impressive company in the disaster restoration services industry with a bright future. We are excited to have advised the management team and board on this transaction and look forward to watching them grow in the coming years,” said Derek Lewis, a managing director at Harris Williams & Co.
“It has been a privilege to partner with Pete Bell, Bryan Michalsky and Randall Thompson to help them recapitalize the business,” said Graham Gillam, a vice president at Harris Williams & Co. “The growth they have driven as a team is truly impressive and with the range of future opportunities ahead, their operational discipline and unwavering commitment to helping clients through challenging situations will yield many more years of success.”
Headquartered in Katy, Texas, Cotton is a leading infrastructure support services company providing property restoration and recovery construction, roofing, consulting, temporary workforce staffing and housing and culinary services to public and private entities throughout the U.S. and internationally, in support of disaster events and complex work environments of the petrochemical and oil and gas industries.
BBVA is a customer-centric global financial services group founded in 1857. Its diversified business is focused on high-growth markets and it relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices.
Harris Williams & Co. (www.harriswilliams.com), a subsidiary of the PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Harris Williams & Co.’s Business Services Group has experience across a variety of sectors, including facility services; environmental services; business process outsourcing; legal and insurance services; marketing and information services; professional services; payment processing and financial services; and education and training. For more information on the firm’s Business Services Group and other recent transactions, visit the Business Services Group’s section of the Harris Williams & Co. website.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 7078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.