Eagleton Engineering, LLC

Investment Date
December 2011

Situation Type
Corporate Divestiture

Keystone partnered with the management of Eagleton to acquire this non-core firm from Babcock International Group PLC (LSE:BAB). Speed and certainty to close were of paramount importance to Babcock, and Keystone closed the transaction in under 40 days.

Headquarters
Houston, TX

President/CEO
Duain Cagle

Services
Engineering, construction management, and other (including route selection, right-of-way acquisition, surveying and mapping, and materials procurement) services associated with pipeline construction and maintenance in the oil and gas, petrochemicals and other gases/fluids industries.

Client Base
Leading energy/petrochemicals producers, transporters and pipeline operators

Interesting Fact
Designed and managed the construction of the industry's first carbon dioxide pipeline in 1966

Survey, mapping and other complementary pipeline services

General engineering/consulting services provided to the global energy industry

Firms providing geographic diversification

Keystone Capital Contact
Jason S. Van Zant

"KEYSTONE'S CRAFTING OF THE DEAL TO ACQUIRE A CONTROLLING INTEREST IN ISRAEL BERGER & ASSOCIATES WAS A MASTERFUL ACT OF BALANCE. ALL PARTICIPANTS WERE ABLE TO BALANCE RISK, REWARD, INCENTIVE, SACRIFICE, TIME HORIZON AND ACCOMMODATION. IT WAS ACCOMPLISHED BY A RIGOROUS INTELLECTUAL ANALYSIS, CAREFUL LISTENING AND PATIENCE. THE FOLKS AT KEYSTONE ARE FUN TO WORK WITH, AND THEIR EXPERIENCE AND STRATEGIC THINKING IS INVALUABLE."

- ISRAEL BERGER, FOUNDER AND PRESIDENT, ISRAEL BERGER & ASSOCIATES

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