Deal Announcement: Corbett Keeling advised Challenge Energy on its sale to SLR

“The advisory team at Corbett Keeling / Equiteq provided crucial input both prior to and during this transaction. Over about two years up to closing the deal, they advised on how to make the value of our business clear to prospective partners and then deal with their approaches. This helped us attract the right company, at the right time for the right price. In the final months, during the sale process itself, they provided invaluable input on how to present to, and negotiate with, the purchasers. Throughout, they were always available when needed, working diligently and providing incisive, timely advice.

This is an exciting time for the Challenge Energy team. We have enjoyed significant growth in recent years and established ourselves as one of the few upstream oil and gas advisors that can offer clients a truly integrated service. Working with SLR’s resources and global reach will enable us to strengthen and extend our service offering, something we feel our clients can really benefit from.”

Nick Hooke, co-founder, Challenge Energy

“Our acquisition approach is to select complementary businesses that provide supplementary expertise and strengthen our global offering. Like SLR, Challenge prides itself on offering an integrated service that delivers value-added insight and solutions to clients.”

Nick Penhall, CEO, SLR