PCE Advises Burkhalter on Debt Raise

RIDGEWOOD, NJ - PCE Investment Bankers, a leading financial services firm for mid-market companies, offering clients a full range of investment banking, ESOP, valuation, and advisory services, is pleased to announce that Burkhalter Rigging (Burkhalter) has recently recapitalized its debt with PNC Bank.  This transaction will support future growth initiatives and create access to new sources of funds for Burkhalter.  PCE served as exclusive financial advisor to Burkhalter and sourced the capital.

Founded in 1973, Burkhalter provides complete solutions in engineered heavy lifting, rigging, and transportation for petrochemical, power, civil, and marine industries globally. Burkhalter is a third-generation family company, led by Delynn Burkhalter and his son, Brooke, with depot yards in Columbus, Mississippi and Houston, Texas, including sales offices throughout the U.S., and a reach throughout North and South America.

Eager to expand their business with access to new sources of capital, owner, Delynn Burkhalter partnered with PCE to deliver a means to recapitalize his company.  “We have known Delynn for a long time and have seen his company flourish. We appreciate his confidence in PCE and look forward to working with Burkhalter in the future,” stated Michael Rosendahl of PCE.

Delynn Burkhalter, said, “PCE has been a trusted advisor formally and informally over the years. I appreciate their guidance throughout this process.”

About Burkhalter: An industry leader, Burkhalter provides complete solutions in engineered heavy lifting, rigging, and transportation for petrochemical, power, civil, and marine industries around the world. With locations in Columbus, Mississippi, and Houston, Texas, and sales offices in San Francisco Bay Area and others located throughout the U.S., we are proud to serve the petrochemical, power, civil, and offshore and marine industries throughout North and South America. For more information, visit www.burkhalter.net.

If you have comments or questions about this article, or would like more information on this subject matter, please contact us.

Largest Transactions Closed

  • Target
  • Buyer
  • Value($mm)
Andre Sutherland

 

Andre Sutherland

Valuation

Orlando Office

407-621-2119 (direct)

asutherland@pcecompanies.com

Connect
407-621-2119 (direct)

407-621-2199 (fax)

Daniel Kvarnberg

 

Daniel Kvarnberg

Valuation

Orlando Office

407-621-2132 (direct)

dkvarnberg@pcecompanies.com

Connect
407-621-2132 (direct)

407-621-2199 (fax)

David Jasmund

 

David Jasmund

Investment Banking | ESOP

Orlando Office

407-621-2111 (direct)

djasmund@pcecompanies.com

Connect
407-621-2111 (direct)

407-621-2199 (fax)

Eric Zaleski

 

Eric Zaleski

Investment Banking | ESOP

Chicago Office

847-239-2466 (direct)

ezaleski@pcecompanies.com

Connect
847-239-2466 (direct)

407-621-2199 (fax)

Melissa Ritter

 

Melissa Ritter

Investment Banking

Orlando Office

407-621-2128 (direct)

mritter@pcecompanies.com

Connect
407-621-2128 (direct)

407-621-2199 (fax)

Michael Rosendahl

 

Michael Rosendahl

Investment Banking

New York Office

201-444-6280 Ext 1 (direct)

mrosendahl@pcecompanies.com

Connect
201-444-6280 Ext 1 (direct)

407-621-2199 (fax)

Will Stewart

 

Will Stewart

Investment Banking | ESOP

Orlando Office

407-621-2124 (direct)

wstewart@pcecompanies.com

Connect
407-621-2124 (direct)

407-621-2199 (fax)

whitcomb-woody

 

Woody Whitcomb

Investment Banking

Orlando Office

407-621-2113 (direct)

wwhitcomb@pcecompanies.com

Connect
407-621-2113 (direct)

407-621-2199 (fax)

poole_michael

 

Michael Poole

Investment Banking

Orlando Office

407-621-2112 (direct)

mpoole@pcecompanies.com

Connect
407-621-2112 (direct)

407-621-2199 (fax)

vogt-paul

 

Paul Vogt

Valuation

Atlanta Office

678-641-4760 (direct)

pvogt@pcecompanies.com

Connect
678-641-4760 (direct)

407-621-2199 (fax)

    Services

    Industries

    Subscribe to PCE Communications

    Choose Your Subscription