NEW YORK, Oct. 26, 2012 /PRNewswire/ -- As organizations look to successfully navigate quickly shifting economic conditions and to capitalize on both organic and inorganic growth opportunities, KPMG LLP continues to align itself with the needs of the market by strengthening its Corporate Finance ("CF") capabilities through significant investments in senior level professionals.
"We're extending our depth of talent along key industry segments where we see continued trends toward transformation and change such as healthcare, technology, energy & infrastructure and real estate," said Dan Tiemann, Transactions & Restructuring service group leader for KPMG LLP, the audit, tax and advisory firm. "We are also expanding the set of services KPMG offers as we see increasing demand from our clients to serve in the trusted business advisor role - assisting not just with traditional M&A transaction advisory, but also providing services related to strategy, capital structure assistance and cash flow advisory services."
According to Tiemann, the CF practice has made strategic industry hires and has significant bolstered its senior level talent in its practices over the past 15 months, including:
- Healthcare with the hiring of Chris Mercier and Maureen Spivack, CF Managing Directors based in Chicago and New York, respectively.
- Technology with the hiring of CF Managing Directors Mihir Jobalia and JP Ditty, based in Silicon Valley.
- Energy & Infrastructure with the hiring of Partner Jim Ray and Managing Directors Scott Rawlins and Nick Greenwood focused on public sector Infrastructure and Managing Director Shez Bandukwala focused on Clean Tech.
- Real Estate with the hiring of Jon Mehlman and Imran Ahmed, CF Managing Directors based in New York.
According to Phil Isom, KPMG US head of Corporate Finance, the practice plans to continue to make additional strategic industry hires in the sectors noted above as well as in other key sectors.
"We strongly believe that success in the investment banking and financial advisory space is achieved through segment experts, and as such we will continue to invest in senior talent to build out our industry breadth and depth," he said.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International.") KPMG International's member firms have 145,000 people, including more than 8,000 partners, in 152 countries.
SOURCE KPMG LLP