Hunter Wise Financial Group, LLC Announces Program to Assist Privately-Held Texas Businesses, Including in Booming Energy Sector
HOUSTON, Tex. April 30, 2008 - Hunter Wise Financial Group, LLC, and its Houston, Texas, Managing Director , Sid M. Shaver, today announced that Hunter Wise has launched a new program to assist in raising equity, helping Texas companies go public, assisting privately-held businesses in mergers, acquisitions and sales, management-led buyouts, corporate financing, doing a recapitalization, or taking a public company private.
"Unlike parts of the rest of the nation, the economy here is booming. With worldwide demand high and surplus capacity unavailable, oil drilling in Texas is expected to remain very active. Also, the Houston area has become the mecca for the energy industry, with a large number of relocations of major energy firms to the city in recent years. More than 3,000 energy-related companies are now located in the Houston metropolitan area, including more than 500 exploration and production firms," Mr. Shaver said. "Hunter Wise is extremely focused on the oil services sector, including tubular goods, tool makers and proprietary manufactured oilfield products."
"Hunter Wise's experience, expertise and track record of success lends itself perfectly to assist these companies with transactions in the $5 to $100 million range," Mr. Shaver said. "We have offices in London, Vancouver and Beijing and, in today's worldwide economy, this can prove vital. Also, Hunter Wise has affiliate partners in 17 countries in western and eastern Europe, making it an excellent resource for Texas firms for whatever sort of transactions here or worldwide."
Mr. Shaver joined Hunter Wise in 2004 after serving for more than 19 years as managing director of privately owned professional service firms. He graduated from the University of Houston where he earned a BBA in Accounting. He is a Certified Public Accountant, Certified Financial Planner, and a Certified in Merger & Acquisition Advisor, in addition to holding series 7, 24 and 66 securities licenses. Mr. Shaver has been involved in numerous transactions ranging from $10 to $100 million.
Hunter Wise Financial Group, LLC, is a specialized investment bank providing the highest quality level of corporate financing, merger, acquisition, divestiture and advisory services. The Company's clients include small to medium-sized public companies, as well as selected middle market, privately-held businesses. Hunter Wise has seven offices in the U.S. and offices in China, Canada and the United Kingdom.
CONTACT:
Sid Shaver
Hunter Wise Financial Group, LLC
713/843-4996
Paul Knopick
E & E Communications
(949) 707-5365
pknopick@eandecommunications.com