GulfStar Group Announces the Formation of a New Environmental & Sustainability Practice Led by Charles Craig
HOUSTON, May 3, 2021 – GulfStar Group (“GulfStar”), a leading middle market investment bank headquartered in Houston, is pleased to announce the formation of a dedicated Environmental & Sustainability Practice that will be led by Senior Vice President Charles Craig.
“Houston sits at the intersection of the energy and waste management industries, two of the most promising sustainability markets, and Texas has clearly emerged as an attractive environment for investing in sustainability-oriented technology companies,” said Kent Kahle, managing director of GulfStar. “We look forward to broadening our presence in the environmental and sustainability sector under Charles’s leadership and delivering impactful strategic guidance to the emerging class of middle market leaders, who we expect to be the driving force behind innovation in this dynamic market space.”
Prior to joining GulfStar in 2016, Charles worked in the Natural Resources Group of Barclays Capital in Houston. Over his investment banking career, Charles has advised a diverse range of energy, environmental services, and industrials clients in strategic and capital markets transactions with aggregate value in excess of $30 billion. Prior to becoming an investment banker, Charles worked directly in the environmental and sustainability sector, developing clean power projects as a commercial developer with Summit Power Group, and as a business development Manager for Standard Renewable Energy (GridPoint), where he worked alongside its founders to grow the business into one of the largest energy efficiency and renewable energy solutions providers in the Southern United States. Charles received a B.A.S. in Environmental Studies from The University of Colorado at Boulder and an M.B.A. from the Kellogg School of Management at Northwestern University. Charles is also a board member for Air Alliance Houston’s Young Professionals Group and is a volunteer and fundraiser for the Pardada Pardadi Educational Society.
“I am honored and excited to lead the firm’s expanding practice in this important and rapidly evolving sector,” said Charles Craig. “I believe that GulfStar offers a visibly differentiated value proposition to stakeholders and management teams in the middle market as well as thoughtful guidance that combines direct industry experience and operational perspective with nationally recognized strategic advisory and transactional expertise.”
Gulfstar’s Environmental & Sustainability Practice is focused on companies developing products or providing critical services that mitigate environmental impact, specifically those committed to energy and resource efficiency, environmental services, waste remediation, and cleantech.
About GulfStar Group
GulfStar is a leading middle market investment bank headquartered in Houston. GulfStar specializes in providing merger and acquisition advisory services, institutional private placements of equity and debt, and general corporate finance advisory services to companies with revenues or enterprise values generally ranging from $25 million to $350 million. Since its formation in 1990, GulfStar has completed more than 700 transactions in 36 states and 16 foreign countries across a variety of industries.