Harris Williams & Co. Advises Uintah Engineering & Land Surveying in its Sale
Harris Williams & Co., the premier middle market investment bank, announces that it acted as the exclusive financial advisor to Uintah Engineering & Land Surveying, Inc. (UELS), owned by APCO Capital (APCO), Ridgeview Capital (Ridgeview) and management, with regard to a strategic investment from Moelis Capital Partners, LLC (Moelis Capital). The transaction was led by Todd Morris, Jim Reinhart, Eric Reimers and David Bhattacharyya from the firm's San Francisco office.
"The transaction is indicative of strong interest in investing in the oil and gas services sector. We are seeing increased interest from both strategic and financial buyers for energy-related companies with leading market positions, such as UELS," said Jim Reinhart, a director at Harris Williams & Co.
Uintah Engineering & Land Surveying has grown into the Intermountain West's largest provider of land surveying and civil engineering services for the oil and gas industries. UELS specializes in the layout and design of well locations, roads, pipelines, evaporation ponds, compressor sites and all related facilities. UELS prepares field maps, documents used in the APD, access permits, stream crossing applications, flood plain studies, structural designs and design plans and specifications.
APCO Capital is a private equity firm specializing in growth capital and middle market investments. It also seeks to invest in special situations, divisional spinoffs, leveraged buyouts and recapitalizations. The firm typically invests in communications, consumer products, energy, healthcare, industrials, nutritionals and professional services sectors.
Ridgeview Capital is a private equity firm specializing in middle market investments. It invests in growth equity, recapitalizations and restructuring, acquisition, industry consolidations and management buyouts.
Moelis Capital is a middle market private equity firm founded in 2007. The firm manages $700 million of committed private equity capital and specializes in traditional private equity investments in the middle market.