Bloomberg provides a corporate snapshot of HGGC LLC, billing it as a private equity firm. The report shows HGGC specializes in a broad range of investment endeavors covering a comprehensive number of sectors. The firm’s ventures range from leveraged buyouts, acquisitions, and investments to recapitalization and restructuring. Sectors include business and financial services, manufacturing and industrial concerns, technology and software development, and healthcare. Although the firm primarily invests in North American companies, it is open to global opportunities.
The firm invests with the intention of HGGC LLC taking a majority position or controlling rights with a minority position. The investments typically range from $25 million to $125 million in companies with an EBITDA of $15 million to $75 million and a worth of at least $100 million.
Bloomberg lists the firm’s key executives and founders. Among them are Richard Franklin Lawson Jr., co-founder and chief executive officer, Robert Christopher Gay, co-founder, executive director, and senior adviser, and Lance Riley Taylor as chief financial officer.
In October 2018, BusinessWire announced that HGGC LLC added two new executive members and four associates to its team. The executives are Colin Phinisey, investment banking professional, and Christopher Guinn, executive director. The firm chose the additional members, all from blue-chip company backgrounds, to strengthen its talent pool for expected growth.
The announcement focuses on Colin Phinisey, the appointed capital markets expert. Phinisey comes most recently from Deutsche Bank Securities Inc., where he spent more than eight years. The firm expects Phinisey to guide them in developing best practices to further their financing efforts. Phinisey specializes in mergers and acquisitions, debt finance, and leveraged buyouts.
The interview reports that Lawson states his firm, HGGC LLC, has been involved in financing $4.3 billion in transactions, and he expects transactions to surpass that amount in 2019. Founded in 2007, the Palo Alto-based firm has additional offices in West Palm Beach, Florida, Salt Lake City, Utah, and Foxborough, Massachusetts
https://www.hggc.com/portfolio
Talos Energy is a small company based in Texas. It operates in the United States Gulf of Mexico as well as offshore coast of Mexico. It has 93 employees and specializes on offshore exploration, acquisition as well as oil production. The leader in the energy and oil sector, Talos Energy, has gained recognition for its good work place.
Top place to work in
It has been voted one of the best places to work in Houston. Founded in 2012, the company has topped the top work place chart. If you are looking to work in a company in the energy sector with a conducive working environment and a great employee culture, Talos Energy is the right fit for you.
The employees of the company are entitled to comprehensive medical coverage, dental as well as vision coverage, a medical savings account, 401k retirement plans, basic as well as voluntary life insurance and paid vacations. Additionally, they have a flexible and balanced schedule to cater for the varying needs of employees day-in day-out.
Talos Energy, Stone Energy Merger
Recently, Talos Energy acquired Stone Energy Corp a move that saw it start trading on the New York Exchange. According to Timothy S. Duncan, the company’s CEO, the merger was a winner combination as it is going to benefit shareholders because there will be increased scale and liquidity.
The CEO continued to say that Talos is now in a better place to utilize its high quality asset portfolio well and take advantage of potential development and growth opportunities. He was also grateful to everyone who contributed to their efforts to reach this point.
Discovery Award
Few years since its conception, the company has strived to excel in the industry and recently, their efforts were recognized by being awarded with “Discover of the Year 2017” during WoodMac’s annual exploration awards ceremony. Specifically, it was a recognition for its Zama oil discovery in 2017. Timothy Duncan, CEO and President, described the discovery as a historic as well as significant discovery.
WoodMac’s award is given to a company which has been voted for coming up with the most exciting discovery by over 200 senior executives and experts.
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