Perella Weinberg Partners and Tudor, Pickering, Holt & co. to Combine

RedRage's picture
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There were rumors that PWP was looking into TPH and it looks like those rumors have been proven to be true. See the following link:

Perella Weinberg Partners ("PWP") and Tudor, Pickering, Holt & Co. ("TPH") today announced that they have entered into a definitive transaction agreement under which the two companies will combine. The combined firm will be called Perella Weinberg Partners; TPH's energy practice will continue to operate as Tudor, Pickering, Holt & Co. Subject to customary conditions, the transaction is expected to close in the fourth quarter of 2016. Terms of the transaction were not disclosed. PWP's founding investors will remain shareholders in the combined company, with some providing additional growth capital.

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Nov 14, 2016