add-ons

Adios Sugar Plum Fairies, It’s Back to Reality OR This Ain’t Musical Chairs

By: Chris Frevert, Managing Director (Let me preface this article by stating that I work in a world of probabilities, not possibilities. So, while it is certainly possible that the oilfield services/manufacturing industry will return to 2013 highs and ill-prepared … Continued

Citadel Attending PBIOS in Odessa, TX

Oil industry leaders from every corner of the world gather in Odessa, TX October 18-20 to learn about the latest technology, the newest equipment, to transact business and renew friendships. For 70 years the Permian Basin International Oil Show has … Continued

Ensure Buyers See Your Best

By: John Stude – Vice President, Business Development Investors, whether financial or strategic, are interested in acquiring top performing companies that add value through acquisition or by assisting with capitalization.  Financial buyers want to improve their portfolio while corporate strategic … Continued

Citadel Advisory Group to Attend Offshore Technology Conference

Citadel Advisory Group will be attending the Offshore Technology Conference in Houston the week of May 2. Our team specializes in oil & gas, and related manufacturing and transportation industries. Contact us if you’d like to have a quick conversation … Continued

Survey: Historically Low Rig Counts, Crude Prices Continue to Affect O&G Workforce

By Chris Frevert, Managing Director Survey Details Reductions in Gross Revenues, Work Volume, and Headcount Since 2014, over 61% of oilfield service company owners have reduced their rates for top customers by more than 20%, and over 65% have seen … Continued

Paint your trim, already!

By Chris Frevert, Managing Director I was blessed to have a great Christmas holiday spent with my family. Part of that was having my 88 year-old mother in attendance and, as at every family gathering, she asked me how the … Continued

How to Grow Your Business and Make it Worth LESS

By Chris Frevert, Managing Director Make it worth less? Yep, you’ve read that correctly. The most requested consulting assignment that we’re working with various companies on right now is helping them to assess growth “opportunities” through the downturn. The reason … Continued

The Ins and Outs of Earnouts

An earnout is a way for buyers and sellers to bridge a sale price gap. It is fairly common in transactions of all sizes and benefits both parties when structured properly. Sellers capture additional compensation when certain future financial goals … Continued