ParenteBeard Launches Transaction Advisory Services Practice

Oct 12, 2010, 11:35 ET from ParenteBeard LLC

PHILADELPHIA, Oct. 12 /PRNewswire/ -- ParenteBeard LLC (ParenteBeard) today announces the launch of its new Transaction Advisory Services (TAS) Practice.

Transactions are fundamentally important to most businesses throughout their life cycle.  Buying or selling an entire business, division, product line or individual assets is a potential minefield, requiring solid analysis in every stage of the deal.  The TAS practice will work together with Curtis Financial Group, ParenteBeard's affiliate investment banking firm dedicated to serving high quality middle market and growth companies, to offer clients a full complement of services in this complex arena.

ParenteBeard's TAS practice will analyze information to help clients identify issues and solutions affecting the transaction from both a buyer's or seller's perspective to aid clients in achieving their business objectives.  The firm's TAS professionals have experience providing transaction advice to clients ranging from small to mega Private Equity funds, and companies from privately-held to public corporations.  Led by managing director Mario Patone, the TAS team's advanced training and total focus on transaction advisory services is critical to providing value for clients.  As the market is increasingly demanding, clients will receive senior TAS financial and tax professionals at all stages of the transaction, supplemented by the full, multidisciplinary complement of the firm's accounting, tax, and business advisory services.  

"ParenteBeard is committed to helping companies see their full potential," said Robert Ciaruffoli, ParenteBeard chief executive officer.  "The Transaction Advisory Services practice will deliver what clients with these specialized needs expect: solid industry expertise and market knowledge, teamed with professional insight and access to our in-depth suite of business services.  We are confident that the TAS practice will provide the right combination of services and analysis for this dynamic market in the years ahead."

"Our approach centers on minimizing client time and cost, helping them secure the best possible deal and enhanced return on investment.  In many ways, our firm's pledge to provide Confidence through Clarity is highly appropriate for our clients with transaction advisory service needs," said Mario Patone.

About ParenteBeard

ParenteBeard is the Mid Atlantic's leading regional certified public accounting and business advisory firm with over 1,200 employees serving middle market and small business clients across the region.  The 165 partner firm has over 20 offices located in Pennsylvania, New Jersey, New York, Maryland, Delaware and Texas. The firm is ranked among the Top 25 firms in the USA and is an independent member of Baker Tilly International.

For more information, please visit ParenteBeard at

SOURCE ParenteBeard LLC