Capcos Energy Practice post-FIS – A Conversation with the Leadership Team
FIS announced their intention to spin-off the company’s Capco consulting business in May of this year. With the transaction completed in August, we recently visited with leadership team of Capco’s Energy Solutions group to gain insights into what a newly independent Capco means for their energy clients, and get their thoughts on a couple of current and pressing industry trends.
ComTech Advisory: With the recent announcement that FIS has sold a majority interest in Capco to a fund managed by Clayton, Dubilier & Rice (CD&R), Capco is now an independent company. Can you tell us about what impacts this transaction will have on your practice area, Capco Energy Solutions, and what changes, if any, your customers will notice?
Lance McAnelly: We are excited about this recent milestone in Capco Energy Solutions’ journey as we transition into being a growth minded, independent entity exclusively focused on providing consulting services. This enables us to continue our independent, objective, industry leading services to our clients without any confusion as to our focus.