Zayla Partners has acquired energy industry compensation surveyor Denver-based Effective Compensation Inc. (ECI).
A purchase price was not disclosed. Houston-based Zayla advises boards and management teams on compensation strategy. The addition of ECI expands its portfolio to advisory in midstream, oilfield services and alternative energy, it reported.
ECI was founded in 1991 by owner and CEO Terry Isselhardt, who will continue as president, Zayla reported.
“Zayla Partners has proven to be the most knowledgeable and qualified compensation partner to acquire ECI with a goal to keep the surveys in the valid and quality format for which ECI is best known," Isselhardt said.
Ian Keas, Zayla’s co-founder, said, “Now more than ever, companies need the combination of high-quality analytics and advisory services to help leaders execute their long-term strategy.”
Chris Crawford, Zayla CEO and co-founder, said Isselhardt “developed the gold standard of quality compensation data and analytics for the energy industry over the last three decades.”
Recommended Reading
US Appeals Court Upholds FERC Approvals for Gas Pipeline Expansion
2024-05-02 - A unanimous three-judge panel of the U.S. Circuit Court of Appeals for the D.C. Circuit held that the Federal Energy Regulatory Commission was right to determine the Evangeline Pass Expansion project is functionally separate from four related gas infrastructure developments.
Tallgrass Declares Open Season for CO2 Transport Pipeline
2024-05-06 - Tallgrass Energy’s Trailblazer project, originally a natural gas pipeline, would move greenhouse gas from Nebraska and Colorado and store it in geological formations in Wyoming.
Akin Energy Practice Adds Midstream Specialist as Partner
2024-05-20 - Trent Bridges, who served as vice president and assistant general counsel for Magellan Midstream Partners, has represented clients in a range of energy transactions, infrastructure development projects and investments, with a particular emphasis on the midstream industry.
In Service: Appalachian E&Ps Banking on MVP for Bigger Returns
2024-06-14 - Appalachian Basin E&Ps are expected to ramp up production for the Equitrans-operated Mountain Valley Pipeline by 2025 — although, near term, only about 38% of the line’s capacity is expected to be used, an analyst said.
EIG Refinances $11B in Senior Debt for Aramco Pipeline Deal
2024-07-07 - EIG subsidiary Pearl Pipelines will use the proceeds to repay financing related to its $25.3 billion acquisition of 49% interest in Aramco Oil Pipelines Co. three years ago.