Avisto Capital Partners, San Antonio-based privately held investment, management and development company that builds and acquires regional technical consulting and accounting services for the oil and gas industry, have combined Eddye Dreyer and The Resource Group to form PetroLedger, a provider of financial and transaction services for the oil and gas industry.
“Having operated the businesses independently for over two years, we believe the combination of these legacy companies will better serve our current and future clients by providing unlimited access to our experienced personnel, a broader scope of software and technology, and best in class business processes,” said Chad Smith, partner at Avisto. “The uncertain environment in 2020 was a catalyst for change, and we decided to aggressively move forward and prepare PetroLedger to meet the existing and emerging needs our clients are experiencing. More than ever, oil and gas companies are seeking to reduce overhead costs, maintain quality and free up management time to focus on profitability value added growth opportunities. Our clients agree that launching PetroLedger will permit us to accommodate their increased demand, expand our offering and optimize the delivery of our premier level of outsourced back-office services.”