Macquarie Capital Principal Finance: Advancing the Energy Industry with Camin Cargo Acquisition

Macquarie Capital's Principal Finance division has announced its definitive agreement to acquire Camin Cargo Control Holdings, Inc. (Camin Cargo), a global provider of independent testing, inspection, and certification (TIC) services to the energy industry. This acquisition marks a significant step forward for Macquarie Capital and the energy industry as a whole, as it will enhance their capabilities in fuel quality control, emissions compliance, and renewable fuels development.

Camin Cargo, established in 1982, has a strong presence with 64 laboratory and inspection branches across 19 countries in the Americas and Europe. The company's core focus is on delivering essential testing and inspection services for liquid fuels, ensuring compliance with commercial and regulatory requirements. Additionally, they offer remedial fuel treatment services. With the increasing emphasis on renewable fuels, Camin Cargo's expertise and services are becoming more critical in shaping the energy landscape.

James Fincher, Managing Director at Macquarie Capital Principal Finance, emphasizes the significance of Camin Cargo's role in the energy value chain. By providing independent testing and inspection services, Camin Cargo enables market participants to trade energy products with confidence and certainty. Their exceptional reputation for accuracy, consistency, and customer service has contributed to their steady growth in the Americas and Europe.

Macquarie Capital recognizes the immense growth potential in the global energy demand and aims to further accelerate Camin Cargo's growth. Through organic expansion and strategic acquisitions, they intend to leverage Camin Cargo's already-impressive market positioning. The company's investments in lab capabilities and leadership expertise have positioned them as a strong supporter of the renewable fuels sector.

Bill Eckmann, Head of Principal Finance, Americas at Macquarie Capital, highlights the alignment between Camin Cargo's capabilities and the evolving energy landscape. With their experience in testing, inspection services, and global commodities markets, Macquarie Capital is an ideal partner to support Camin Cargo in expanding operational capabilities, building stronger relationships, and making substantial investments in new and expanding markets.

John Hodson, CEO of Camin Cargo, expresses his enthusiasm for the new growth chapter brought by the acquisition. He acknowledges the valuable expertise and resources that Macquarie Capital brings to the table, positioning Camin Cargo for even greater success. The acquisition will enable Camin Cargo to deepen relationships, expand operational capabilities, and make substantial investments in new markets.

Macquarie Capital Principal Finance operates globally and utilizes Macquarie Group's balance sheet to provide debt and equity solutions for clients in North America, Europe, and Australasia. The investment in Camin Cargo aligns with their global private equity investing strategy.

The transaction is expected to be finalized by the end of 2023, subject to regulatory review. Financial terms of the acquisition have not been disclosed.

In the legal and financial advisory realm, Kirkland & Ellis provided legal counsel, while Strata Partners acted as the financial advisor to Macquarie Capital Principal Finance.

About Macquarie Capital

Macquarie Capital serves as the advisory, capital markets, and principal investment arm of Macquarie Group. It offers corporate advisory services, a wide range of capital solutions, including equity, debt, and private capital market services, and engages in principal investments using Macquarie's balance sheet. For more information, visit Macquarie Capital's website.

About Camin Cargo

Headquartered in Pasadena, Texas, Camin Cargo is a leading third-party service provider of critical inspection, testing, and fuel treatment services to global energy companies and trading houses. With 64 branches strategically positioned across 19 countries, Camin Cargo serves key ports, refineries, and other product transfer points in the United States, Canada, Latin America, and Western Europe. Learn more at www.camincargo.com.

About Metalmark Capital

Metalmark Capital is a renowned private equity firm that focuses on building long-term value through collaborative partnerships with business owners, founders, and executives. Their investment activity spans across energy, industrials & infrastructure, agribusiness, and healthcare sectors. Metalmark Capital manages funds with $3.3 billion in aggregate capital commitments. For more information, please visit www.metalmarkcapital.com.

In conclusion, Macquarie Capital's acquisition of Camin Cargo marks an exciting milestone in the energy industry. With their combined expertise, resources, and global presence, Macquarie Capital and Camin Cargo are poised to make significant contributions to fuel quality control, emissions compliance, and the advancement of renewable fuels. This acquisition solidifies Macquarie Capital's commitment to shaping the future of energy.