DALLAS & HOUSTON–(BUSINESS WIRE)–#MLP—Opportune LLP, a global provider of business advisory services to the energy industry, is pleased to announce that Randy Osterberg has joined the firm as Managing Director. Mr. Osterberg brings over 35 years of energy experience to Opportune where his principal focus will be to drive client prospect generation, retention efforts and expand the firm’s overall market brand.
His roles prior to joining Opportune include serving as a Senior Managing Director with MUFG Union Bank’s energy group where he led deal teams that acted as Lead Arranger and Administrative Agent on credit facilities for both large public independents and private equity-backed companies. Mr. Osterberg has successfully matched appropriate risk/return capital with attractive acquisitions and/or development projects in premier basins, which underscored client-company growth strategies. A seasoned financial executive with demonstrated success in multiple areas of banking and financial advisory, Mr. Osterberg brings an extensive contact network of private equity/debt funds, banks, financial advisory firms and law firms.
“Randy is a great addition to our firm, and we are pleased to have his home base in our Dallas office,” said David Baggett, Managing Partner of Opportune. “We have a proven track record of offering clients sound, strategic, unparalleled advisory services, and the addition of Randy strengthens our commitment to add value to clients.”
“My history with David Baggett and his team began with their first engagement under the Opportune LLP flag dating back to my early days with MUFG Union Bank,” added Mr. Osterberg. “Their accomplishments then, as they are now, highlight the quality of the product and approach that has resulted in their recognized position as a market leader in the energy sector. I’m excited to join a team that continues to achieve beyond the elevated bar they have set.”
Mr. Osterberg began his career with First City National Bank of Houston, First Interstate Bank and NationsBank. Randy holds a B.B.A. in Finance from Texas A&M University.
Opportune LLP is a leading global energy business advisory firm specializing in adding value to clients across the energy industry, including upstream, midstream, downstream, power and gas, commodities trading and oilfield services. Opportune’s service lines include complex financial reporting, dispute resolution, enterprise risk, investment banking, outsourcing, process and technology, reserve engineering and geosciences, restructuring, strategy and organization, tax, transactional due diligence and valuation.
Emily Gautreaux Santoni