KPMG Corporate Finance LLC Adds Energy Practice From Investment Bank Ewing Bemiss & Co.

KPMG Corporate Finance LLC Gains Solid Foothold within Energy M&A Sector

Aug 18, 2015, 07:00 ET from KPMG LLP

NEW YORK and RICHMOND, Va., Aug. 18, 2015 /PRNewswire/ -- KPMG LLP's ("KPMG") wholly owned subsidiary, KPMG Corporate Finance LLC ("KPMG CF­") has added a team of professionals from Ewing Bemiss & Company ("Ewing"), a middle market boutique investment bank that provides transaction advisory services to companies in the energy, power and utilities sectors. The Ewing team has completed transactions in a variety of industries, with significant emphasis on the Energy & Power and Energy & Industrial Services industries. The addition of their professionals provides KPMG CF with an established and meaningful presence within the Energy M&A sector. 

"We are witnessing a fundamental transformation in the energy industry, as new technologies are leading to exciting breakthroughs for companies in the Power & Utilities and the Oil & Gas sub-sectors.  This shift presents a tremendous opportunity for our clients," said Dan Tiemann, KPMG's national leader for Deal Advisory.  "Ewing's decades of exceptional client service, proactive research and established relationships with key industry participants bolsters our sector expertise in this important industry." 

Founded in 1992 and headquartered in Richmond, VA, Ewing provides sale, merger, acquisition and financing services to middlemarket companies nationally. The company boasts deep domain knowledge across the energy space in the Power & Utilities, Oil Field Services, and Industrial Services areas. Ewing's advice and transaction execution experience has been utilized by developers and operators of renewable and distributed energy projects; manufacturers and distributors focused on the Oil & Gas and Power Generation markets; and providers of critical services to a broad range of energy, infrastructure and other industrial markets.

"The professionals joining us from Ewing will be able to hit the ground running as we field an experienced and complete investment banking team in pursuit of new opportunities within the Energy sector," said Phil Isom, Head of KPMG Corporate Finance LLC. "They have served as trusted advisors to middle-market energy and power generation companies worldwide, and have extensive expertise with alternative/renewable technologies, providers of equipment and services and traditional Oil & Gas sectors. We are happy to welcome them to our KPMG CF team, and look forward to the future growth opportunities this addition offers."

Ewing Managing Director Henry Berling commented by saying, "We are happy to join the rapidly-growing and well-regarded KPMG CF team. Having worked at KPMG early in my career, I understand the dedication to client service and strong work ethic expected by their corporate culture. I'm confident that the Ewing team will fit in well and make a meaningful contribution to the team." 

Turning Basin Capital Partners, LLC, Ewing's private equity group affiliate, is not a part of the transaction, and Turning Basin Ewing Bemiss co-owner Tom Willingham will join Turning Basin on a full-time basis concurrent with this transaction.

This energy industry addition follows the June 2014 acquisition of St. Charles Capital by KPMG CF. Financial terms of the agreement will not be disclosed.

About KPMG Corporate Finance LLC

The platform of global Corporate Finance practices of KPMG International's network of independent member firms (KPMG Corporate Finance) have been ranked collectively as a top global mid-market advisor based on total deal volume announced in 2014, according to Thomson Reuters SDC. KPMG Corporate Finance firms operate in 155 countries with over 2,600 professionals who are able to meet the needs of clients across the globe.

KPMG Corporate Finance LLC, is a Delaware limited liability company, is a member of FINRA and SIPC and is registered as a broker dealer with the SEC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. For more information please visit www.kpmgcorporatefinance.com.

KPMG in the United States

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KPMG is also widely recognized for being a great place to work and build a career. For the eighth time in nine years, KPMG was named one of the country's "100 Best Companies to Work For" by Fortune magazine, advancing 17 spots on this prestigious annual list to become the highest ranking of any Big Four accounting firm in the United States.

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Learn more at www.kpmg.com/us.

Contact:     
Matt Caruso / Yemi Rose
KPMG LLP
201-307-7275 / 201-505-6359
mjcaruso@kpmg.com  
yrose@kpmg.com           

SOURCE KPMG LLP



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