Houston, TX, October 27, 2013 --(PR.com
)-- Doeren Mayhew recently assisted engineering consulting client Excel Engineering in selling to Copenhagen-based Ramboll, an international oil and gas consultancy with nearly 10,000 employees worldwide.
With more than 30 years of sell-side experience, Doeren Mayhew’s Houston investment bankers and due diligence professionals facilitated the transaction for client Excel Engineering, taking the company to market and working with multiple bidders to identify the right deal.
“The sale of Excel Engineering was a rewarding transaction for our team, as we not only helped our sellers meet their exit objectives, but also helped a buyer put its flag in the ground here in the United States,” said Tim Moore, Houston managing partner for Doeren Mayhew. “We are pleased to be a part of Ramboll’s entrance into the Houston oil and gas space.”
The transaction is the most recent example of a trend of increased international interest in the Houston market, said Steven Silverman, shareholder for Doeren Mayhew’s Houston investment banking team.
“This deal generated interest from buyers around the world, which is no surprise considering Houston’s oil and gas economy,” said Silverman. “We continue to see increased foreign interest in our deals as overseas buyers look to stake their claim here in our energy capitol.”
About Doeren Mayhew
Founded in 1932, Doeren Mayhew is a leading group of CPAs and trusted advisors who go beyond traditional accounting to help mid-sized businesses grow and prosper. The firm’s CPAs and investment bankers serve industries such as energy, manufacturing, construction, financial institutions, service, retail/restaurant and wholesale/distribution. Combining a deeply rooted history with a progressive mindset, the firm offers insight into the business, oversight to ensure best practices and foresight for what’s ahead. Please visit www.doeren.com for more information.