Houston-based Lantana will be re-named Lantana Energy Advisors, but it will continue to function as an asset advisory service for operators looking to trim their portfolios, SunTrust said.
Founded in 2003, Lantana has advised on more than $2.5 billion in asset sales across the US.
Suntrust chief executive John Gregg said. “The acquisition of Lantana complements our universal investment banking platform in this industry and will help accelerate our progress in the E&P sector.”
