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Stock impact report

Harris Williams Advises PowerTeam Services, LLC on its Combination with Miller Pipeline and Minnesota Limited

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised PowerTeam Services, LLC (PowerTeam) on its previously announced acquisition of Miller Pipeline and Minnesota Limited (collectively, MVerge) from CenterPoint Energy, Inc. (NYSE:CNP). PowerTeam, a portfolio company of Clayton, Dubilier & Rice (CD&R), is a premier provider of integrated infrastructure services to the natural gas and electric industries. The transaction was led by Matt White and Drew Spitzer of the Harris Williams Energy, Power & Infrastructure (EPI) Group.“This transaction is transformative for PowerTeam and significantly expands the company’s leadership position in the natural gas distribution and transmission repair and maintenance market, a space we expect will remain attractive to investors through this uncertain environment,” said Matt White, a managing director at Harris Williams. “It was great working with PowerTeam again, Show less Read more
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