April, 2010 - Mason Dixon Energy Forms Equity Partnership

Cross Keys Capital advises Mason Dixon Energy on its newly formed equity partnership with Hudson Ferry Capital

 Ft. Lauderdale, Florida – Cross Keys Capital is pleased to announce that Mason Dixon Energy has received a significant investment from Hudson Ferry Capital. Cross Keys Capital acted as the exclusive financial advisor to Mason Dixon Energy and the transaction was led by Managing Director Rick Becker.  Mason Dixon Energy (“MDE”), with headquarters in Bridgeport, WV, is the largest provider of land services to oil and gas companies east of the Mississippi.  MDE provides the following land services for its clients in the exploration and production, pipeline and electrical power distribution industries: acquisition of leases, surface rights and rights of way as well as related title research, title abstracting and title curative services.  Hudson Ferry Capital is a New York-based private equity firm that specializes in investing in lower middle market companies.


“Cross Keys Capital did a fantastic job of advising and leading Mason Dixon Energy’s shareholders through all aspects of the transaction.  Rick Becker and his talented team of associates demonstrated professionalism and expertise in identifying potential financial partners,” said Greg Zerkel, Chairman of the Board of Mason Dixon Energy. “The Cross Keys team remained resilient and committed throughout the entire process.  Cross Keys was a great investment banking fit for MDE. Mason Dixon’s shareholders were thrilled to have a financial partner that could bring more than just capital to our transaction with Hudson Ferry Capital.”


The investment also marks the promotion of Asa Bowers, formerly Vice President, to President of MDE. In this role he will be responsible for the day-to-day operations of the Company. Greg Zerkel, founder, has assumed the role of Chairman of the Board where he will focus a significant portion of his time on business development and corporate growth opportunities. The remainder of the management team at MDE will continue in their existing roles.

 

© 2009 Cross Keys Capital, LLC.