7 Mile Advisors Names Neil Churman as Director and Head of Infrastructure & Energy Services Practice
CHARLOTTE, N.C. – 15 November 2016 – 7 Mile Advisors (“7 Mile”), a middle-market investment banking firm focused on business services and technology, is pleased to announced that Neil Churman has joined the firm as Director and Head of the firm’s Infrastructure & Energy Services practice.
With nearly 10 years of experience focusing on the architecture, engineering, and environmental consulting (AEC) industries, Mr. Churman will be located in the firm’s Houston office and lead all facets of the firm’s ever-expanding presence in infrastructure and energy services sectors.
“We are excited to have Neil join our team,” said Leroy Davis, Partner and co-founder of 7 Mile. “We are seeing increasing momentum in this particular sector and Neil will be charged with solidifying our capabilities and services for this market. The sector averaged approximately 300 annual transactions globally over the past five years, and Neil’s home base of Texas has become the most active state for industry M&A. Consolidation has been ongoing in this industry for more than a decade and shows no signs of slowing down,” continued Mr. Davis.
“At 7 Mile, we are ideally positioned to advise firms that are responding to the growing trend of providing full-service solutions to addresses the entire project lifecycle, from planning and design all the way to asset management and maintenance,” said Neil Churman. “We are seeing a convergence of traditional infrastructure services firms with management consulting and technology services. Firms are increasingly joining together to offer a comprehensive cradle-to-grave solutions platform. The superior coverage and sector expertise that 7 Mile brings in the technology and consulting sectors combines perfectly with my background and relationships in the AEC sector,” continued Mr. Churman.
Previously, Mr. Churman served as a Principal Consultant at Morrissey Goodale, a leading consulting and advisory firm, where he advised AEC clients on M&A and corporate strategy. He began his career at Michael Baker Corporation, where he served as a Corporate Development Associate.
ABOUT 7 MILE ADVISORS
7 Mile Advisors is a partner-led middle-market investment bank providing strategic M&A, private capital transactions and market insight for business owners, corporations and private equity firms. With sector expertise in business services, technology and energy & infrastructure services, 7 Mile focuses on the family-owned or entrepreneur-led enterprises with a firm-wide commitment to superior client service. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.