The Raymond James Energy Investment Banking Group served as exclusive financial advisor to H.C. Price Co. in connection with its merger with Gregory & Cook Construction to create Price Gregory Services Inc., a new platform company of SCF Partners, the private equity firm which sponsored the formation transaction.

In its advisory role, Raymond James identified and introduced potential financial and strategic buyers to the management team and received term sheets from several interested parties. Raymond James assisted the Company in analyzing and reviewing each proposal and negotiated the terms of the LOI.

H.C. Price is an innovative, market-leading privately-held pipeline and facilities construction firm. The Company has a proven track record, with capabilities in the U.S., Canada, and Alaska. www.hcprice.com

SCF Partners is a private equity firm specializing in equity investments in companies with growth opportunities through consolidation and new asset construction and through internal growth initiatives. The firm provides partial or full owner liquidity on initial acquisition. It typically invests in companies engaged in the energy equipment and service and oilfield service industries. SCF Partners was founded by Mr. L.E. Simmons in 1989 and is based in Houston, Texas. www.scfpartners.com