HOUSTON--(BUSINESS WIRE)--Allen Parks has joined the Investment Banking Department of Seaport Global Securities as Managing Director of Oil Field Services.
Daniel O. Conwill IV, Co-CEO, said, “I am delighted to welcome Allen Parks as a member of our Investment Banking team in the Houston office. Allen has a distinguished career in investment banking. He has spent half his career in the drilling industry and half in energy-related investment banking and is one of the most knowledgeable oil field service investment banking advisors in the industry.”
During the course of his three decades in the drilling, M&A advisory, and investment banking sectors, Allen co-founded Parks, Paton, Hoepfl, & Brown (PPHB) to provide financial advisory expertise to the oil field services sector where, over the course of his seven year tenure, PPHB provided advisory services on approximately 100 transactions ranging from $10 million to $600 million. Allen also has led the oil field service investment banking efforts at CIBC, World Markets, and Dain Rauscher Wessels (now RBC). Additionally, he spent 18 years with Dual Drilling Company starting on the rig floor through roles of increasing responsibility to become Executive Vice President and Chief Financial Officer.
Allen received both a Bachelor’s degree in Chemical Engineering and a Master’s degree concentrated in finance from the University of Texas at Austin and attended the Advanced Management Program at Harvard.
About Seaport Global Securities LLC
Seaport Global Securities LLC is a full-service, mid-sized independent investment bank that offers capital markets advisory, sales, trading and research services. Headquartered in New York and New Orleans with offices across the US and in Europe, we pair extensive knowledge and relationships in Energy, Industrials, Chemicals and Shipping, with fixed income sales, trading and research. The firm’s forward-thinking practitioners, backed by decades of experience, have seen the business through many cycles. For clients, that means complete alignment with their best interests. For more information about Seaport Global Securities, please visit: www.seaportglobal.com.