We served as the exclusive financial advisor to Sumitomo Corporation of Americas regarding a minority equity investment in IronGate Energy Services, LLC, a portfolio company of Clearlake Capital Group. IronGate provides rental and tubular services to exploration and production companies in the energy industry across the U.S., Gulf of Mexico, and Mexico. Sumitomo is an integrated global trading company with diversified investments in businesses involved in consumer products, industrial infrastructure, transportation and logistics services, developing natural resources, and the distribution of steel and other products. We played an important role in introducing the two companies and structuring the transaction.
Note: This work was performed prior to joining Stout.