RBC today announced it has completed the acquisition of Richardson Barr & Co., a leading Houston-based energy advisory firm specializing in acquisitions and divestitures in the exploration and production sector.

The new entity will be renamed RBC Richardson Barr. Terms of the transaction were not disclosed.

The merger gives RBC Richardson Barr the ability to provide its private company clients a complete range of financing and M&A support, as well as ready access to RBC’s strong public company relationships, solid financial resources, and expanded product capabilities in equity, high yield, loan syndications, private placement, and convertibles.

The acquisition further strengthens RBC’s North American energy practice and provides added value to its clients in the exploration and production sector.