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SOURCE Xnergy Financial, LLC
Xnergy Investment Banking Group facilitates sale of Middle Fork Development
LOS ANGELES, Dec. 10, 2013 /PRNewswire/ -- Xnergy Financial, LLC announced that it has provided investment banking services to Middle Fork Development Services LLC ("MFD") related to its corporate finance, restructure and divestiture.
MFD's surface bituminous coal mine in Magoffin County, eastern Kentucky is the only surface coal mine in Central Appalachia that meets current and proposed EPA (Environmental Protection Agency), OSM (Office of Surface Mining), and Clean Water Act standards. The mine was established in 2008.
Middle Fork engaged Xnergy Financial as the exclusive investment bank to recapitalize and sell the company to execute the capacity expansion.
"Beside the benefits of recapitalization, the capital allows MFD to be in a position for future growth," said Bill Timmerman, Managing Director of Xnergy Financial.
Xnergy Financial, the exclusive investment banker of record, assisted MFD in the execution of the financial transaction.
"Xnergy investment banking team has the in-depth experience and expertise in the energy industry and has completed a variety of transactions in this field. We have developed extensive relationships with major financial partners which gives us the ability to successfully represent our clients in both the energy and mining sector," said Nia Stefani, Managing Partner of Xnergy LLC.
As an investment banking firm, Xnergy Financial assists clients with:
Xnergy Financial provides capital funding, access to capital and financial sources and strategic partners, public and private offerings, and merger and acquisition services to emerging growth and middle market companies.
About The Xnergy Companies
Xnergy Financial LLC is a national investment banking firm providing financing and merger and acquisition services to emerging growth and middle market companies. Xnergy Financial LLC, a FINRA registered broker dealer firm, services both public and private companies seeking both debt and equity capital to fund growth initiatives, acquisitions, buyouts, and shareholder liquidity. Company services include public and private offerings, corporate finance, valuations, and mergers and acquisition services. Log on to http://www.xnergyib.com to learn more.
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