D.A. Davidson Serves as Financial Advisor to Encompass Energy Services, LLC in Sale to Applied-Cleveland Holdings, Inc.

February 22, 2018

D.A. Davidson has served as financial advisor to Encompass Energy Services, LLC in its sale to Applied-Cleveland Holdings, Inc., a leading provider of inspection and integrity management services for energy infrastructure assets in North America. Applied-Cleveland is a portfolio company of First Reserve, a leading global equity investment firm focused on energy.

Houston-based Encompass provides preliminary, as-built and depth-of-cover surveying services as well as drafting, GIS and right-of-way services primarily for oil & gas pipeline infrastructure across North America. In its six year history, the company has served over 120 customers, many of which are the largest midstream owners in the country.

The transaction, announced Feb. 20, is expected to help Encompass and Applied-Cleveland to continue their growth trajectories with added efficiencies and improved quality.

Further transaction details can be found here.