ATLANTA, April 1, 2014 /PRNewswire/ -- SunTrust Robinson Humphrey (STRH) today announced that it has acquired Houston-based Lantana Oil & Gas Partners, a leading acquisition and divestiture (A&D) firm in the exploration and production (E&P) sector. Terms of the transaction, which closed March 31, were not disclosed.

Lantana provides a complete range of A&D advisory services in the E&P sector, from initial consulting and valuation review to marketing and deal execution. Since its founding in 2003 by David Nini and Andy Taurins, Lantana has advised on the sale of more than $2.5 billion of oil and gas properties in Texas, Oklahoma, Louisiana, North Dakota and more than 10 other states.

"Energy is a major area of focus and an important source of growth for STRH," said John Gregg, chairman, president and CEO, SunTrust Robinson Humphrey. "The acquisition of Lantana complements our universal investment banking platform in this vital industry and will help accelerate our progress in the E&P sector. It also demonstrates our commitment to Texas and our intention to grow wholesale banking nationally."

"The opportunity for Lantana to expand our market presence with a fully integrated investment bank is extremely compelling," said Nini of Lantana. "SunTrust Robinson Humphrey offers a formidable combination of energy expertise, capital markets and M&A capabilities. Their culture and commitment to serving the evolving needs of clients as one team resonated with all of us at Lantana," added Taurins.

The new company will be renamed Lantana Energy Advisors, a SunTrust Robinson Humphrey company, and will remain headquartered in Houston. The business will report to Gerry O'Meara, head of M&A at STRH. In addition to E&P, STRH's energy and power group offers coverage of generation finance, oilfield services, pipelines and midstream, refining and marketing, and power and utilities.

STRH is the full-service corporate and investment banking arm of SunTrust Banks, Inc. (NYSE: STI).

About SunTrust Robinson Humphrey
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. SunTrust Robinson Humphrey provides comprehensive capital raising, strategic advisory, risk management, and investment solutions to serve the needs of corporate clients across the nation. Debt and equity underwriting, trading, research and sales, loan syndications, municipal securities trading and sales, and merger and acquisition advisory services are offered by SunTrust Robinson Humphrey, Inc., member FINRA and SIPC. Cash management, loans and loan related products, foreign exchange and risk management products and services are offered by SunTrust Bank, member FDIC.

SunTrust Robinson Humphrey has extensive experience working with public and private companies of all sizes - from emerging growth to the Fortune 500. While it offers a complete array of solutions and advice for companies across all industries, it provides in-depth industry expertise and dedicated corporate and investment banking practices for certain core sectors, including business services, financial sponsors, building products, healthcare, consumer and retail, media and communications, energy, transportation, financial services and technology, and real estate. STRH's internet address is www.suntrustrh.com.

About SunTrust Banks, Inc.
SunTrust Banks, Inc. (NYSE: STI), headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of December 31, 2013, SunTrust had total assets of $175.3 billion and total deposits of $129.8 billion. Through its flagship subsidiary, SunTrust Bank, the Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through its various subsidiaries, the company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is www.suntrust.com.

SOURCE SunTrust Banks, Inc.