Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Sparus Holdings, Inc. (Sparus), a portfolio company of Source Capital, LLC (Source Capital), on its sale to Ridgemont Equity Partners (Ridgemont). Sparus and its subsidiaries, Southern Cross and The Spear Group, deliver critical outsourced services to North America’s leading utilities. The transaction was led by Luke Semple, Matt White and Phil Hart of the Harris Williams Energy, Power & Infrastructure (EPI) Group.
The Spear Group is a Georgia-based consulting firm that provides services such as project management, owners representation and budgeting for gas and electric utilities firms.