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After a $350MM Acquisition, our Client Bolstered Scalability with Key Solution to Manage Back-Office Functions

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Our client

One of the largest independent midstream energy corporations in North America and a growth-focused provider of midstream services.

Business Need
At-A-Glance

Within the 90-day conditions of our client’s Transition Services agreement, Finance, Accounting, Treasury, Reporting, and all other back-office activities, including launch of a digital platform, had to be established in order to manage newly acquired assets and be scalable for future acquisitions.

Impactful
Realized Results

Our Transaction Services provided Business Process Outsourcing to support our clients’ $350MM acquisition at an investment of 1% of that value. This solution supported the expansion of our client’s business for two years, allowing them to successfully accomplish an IPO with a $4 billion market value shortly thereafter.

ACQUISITION VALUE

$ 350 MM

INVESTMENT IN SUPPORT

$ 2 MM

IPO VALUE REALIZED

$ 4B

Learn More

Read on for more information on how we successfully delivered a positive outcome for our client.

The Challenge

Our client had recently completed an acquisition of two integrated gathering and processing systems with approximately 1,900 miles of pipeline, gathering from approximately 3,500 wells across two states. They needed to outsource all Finance, Accounting and IT functions to support the operations of the assets they purchased and be able to scale with additional acquisitions. The acquisition included field personnel only and no support functions beyond the 90 day transition services agreement.

The Solution

During the 90-day transition period, our client’s technology infrastructure and business applications to support field operations were successfully established to support the business without interruption.


We established a fully functional finance and accounting department able to satisfy all operational reporting requirements, provide financing support, process transactions, prepare financial statements, and implement internal controls.

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