Noble brings 25-plus years of experience to firm’s growing Energy & Utilities and Private Equity practices
DALLAS, May 25, 2011 ─ David Noble, a consulting industry veteran with more than 25 years of energy and private equity industry experience, has joined Everest Group, an advisory and research firm on global services. Adding talent depth to the firm’s fast-growing Energy & Utilities and Private Equity practice areas, Noble brings experience that includes leadership positions with a broad range of international and multinational clients in the energy, natural resources, consumer goods, agriculture, construction and industrial services industries.
“David’s experience and leadership will greatly benefit our energy and utility clients that are challenged with complex regulation, increasing resource costs and unpredictable market conditions that exact pressures on them to find efficiencies and cost reductions quickly,” said Peter Bendor-Samuel, chief executive officer, Everest Group. “Additionally, David brings significant depth of knowledge to our private equity clients, which seek our help navigating a mature global services industry that requires a thorough understanding of offshore assets, commoditization dynamics and changing buyer needs that put many traditional business models at risk.”
Before joining Everest Group, Noble spent 12 years with McKinsey & Company, where he negotiated and led consulting engagements for multinational companies headquartered in the United States. At McKinsey, Noble focused on the development and implementation of growth-oriented corporate, business unit and new venture strategies for technology, natural resource and consumer goods clients. As a leader in the firm’s Energy practice, Noble was directly involved with launching new business units and product lines, as well as numerous acquisitions, market entry strategies and turnarounds for underperforming business units.
Noble’s previous experience also includes serving as managing director of energy investment banking with FMI Corporation, where he led that line of business for a boutique construction- and energy-focused investment banking and consulting firm. Additionally, he led strategy consulting work for several of FMI’s largest clients, each with revenues greater than $1 billion. He also achieved FINRA Registered Representative status.
Previously, as vice president of strategy and development at Gavilon Group, David led the strategy formulation and corporate development processes for an international commodities business purchased by private equity investors from ConAgra Foods. He led strategy development processes for each of three Gavilon business units, energy, agriculture and fertilizer, and also led the development process of an aggressive five-year strategic growth plan.
Noble also spent five years as a consultant to public and private energy, technology and business and industrial services companies and investment funds. In that same period, he was an early investor and board member of FreeMarkets, Inc., which conducted a successful initial public offering in December of 1999 (Nasdaq: FMKT) and was eventually sold to Ariba, Inc., (Nasdaq: ARBA) in 2004. Also during this period, Noble was an investor and board member of Summit Energy Services, Inc., a privately held provider of energy management and sustainability services, until the company’s sale to private equity firm Weston Presidio in 1997 (Summit Energy was recently sold to leading French energy management company Schneider Electric). Finally, he founded and continues to manage Weston Pass Partners, a firm focused on acquisitions of oil and gas mineral interests. In addition, David has worked with venture capital and equity partners organizations, where he has generated and evaluated investment opportunities, negotiated financial structures and terms. He also served on the boards of directors of portfolio companies.
David earned a MBA from the Harvard University Graduate School of Business Administration and a Bachelor of Science degree in electrical engineering from the Massachusetts Institute of Technology.