M&A Deal Summary

Avisto Capital Partners Acquires The Resource Group

On July 17, 2019, private equity firm Avisto Capital Partners acquired business services company The Resource Group

Acquisition Highlights
  • This is Avisto Capital Partners’ 1st transaction in the Business Services sector.
  • This is Avisto Capital Partners’ 1st transaction in the United States.
  • This is Avisto Capital Partners’ 1st transaction in Oklahoma.
Investment Fate
  • The Resource Group merged with another company in 2021.

M&A Deal Summary

Date 2019-07-17
Target The Resource Group
Sector Business Services
Buyer(s) Avisto Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

The Resource Group

Tulsa, Oklahoma, United States
The Resource Group serves as a specialized accounting firm exclusively focused on the oil and gas industry. With more than 20 years of experience in public and corporate accounting, finance and investment, TRG services E&P firms, private equity sponsors, and family office clients in exploration, production, gas gathering, hydrocarbon processing, crude oil purchasing and natural gas buying. With extensive experience with clients using OGSYS accounting software, TRG has become known as the go-to accounting and consulting firm in Tulsa and across the region. The Resource Group was founded in 1996 and is based in Tulsa, Oklahoma.

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Buyer(S) 1

DESCRIPTION

Avisto Capital Partners is a privately held investment, management and development company that looks to build and acquire regional technical consulting and accounting solutions and services for the oil and gas industry. Avisto seeks businesses with a recurring revenue base, premier service offerings, a leading regional presence and favorable relationships with existing customers. Avisto Capital Partners is based in San Antonio, Texas.


DEAL STATS #
Overall 1 of 2
Sector (Business Services) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 Eddye Dreyer Financial Services

Dallas, Texas, United States

Eddye Dreyer Financial Services is a bookkeeping and financial consulting firm. Eddye Dreyer Financial Services is based in Dallas, Texas.

Sell -