KPMG Corporate Finance

  • Overview
THE SCOOP

Not just audit
KPMG Corporate Finance LLC, a member of FINRA (Financial Industrial Regulatory Authority) and registered as a broker dealer with the SEC, is a U.S. subsidiary of KPMG LLP (US), a limited liability partnership.  KPMG LLP,  one of the Big Four accounting firms, is an independent member firm affiliated with KPMG International Cooperative.  In 2009, KPMG LLP's three lines of serviceâ€"audit, tax and advisoryâ€"brought in global revenue of $20 billion.  KPMG International is one of the world’s largest professional services firms, with over 135,000 employees working in more than 140 countries. 

A member firm of KPMG International’s corporate finance practice, KPMG Corporate Finance LLC operates in 62 countries and comprises more than 2,200 professionals.  KPMG Corporate Finance provides investment banking and advisory services to domestic and international clients.  Its professionals advise clients on mergers and acquisitions, sales and divestitures, buyouts, financings, debt restructurings, equity recapitalizations, infrastructure project finance and other strategic initiatives.  On a global basis, KPMG’s corporate finance practice regularly outranks almost all other financial advisers by volume of deals completed annually.  In 2009, it completed 290 deals, more than J.P. Morgan (250), Goldman Sachs (240), PricewaterhouseCoopers (229) and Morgan Stanley (222).

Perhaps pointing to why KPMG has been able to close so many M&A deals over the years, a January 2009 Financial Week review of middle-market M&A activity noted that the Big Four accounting firms, while primarily known for their audit prowess, had certain advantages over pure investment banks, such as a well-coordinated network of professionals around the world.  The larger KPMG network provides access to on-the-ground intelligence and cultural sensitivities that competitors can’t match.â€

Since October 2007, KPMG Corporate Finance LLC has included the realty advisory practice of Long Island-based Keen Consultants; the business now operates as a wholly owned subsidiary of KPMG Corporate Finance LLC.  In the aftermath of the subprime mortgage crisis, KPMG Corporate Finance’s real estate services team shifted from solely focusing on traditional acquisition and disposal services to a broader focus that includes providing lease mitigation servicesâ€"a means for companies to reduce their lease costs and effectively raise capital amid restrictive credit markets.

Declaration of independence
A unique feature of KPMG Corporate Finance’s operations is that the firm is completely independent of financing sourcesâ€"it does not underwrite, make loans to or invest in any of its clients, and it doesn’t have an in-house research division.  According to the firm, “Our independence helps insure that our interests are aligned with those of our clients.â€

Speaking of clients, at KPMG Corporate Finance, they fall into 10 industries: business services, consumer markets, energy and natural resources, financial services, health care and pharmaceuticals, insurance, media and marketing services, real estate, industrial markets, and technology and software.  The firm’s corporate finance offices are located in Atlanta; Austin; Baltimore; Chicago; Dallas; Los Angeles; Long Island, N.Y.; New York City; and Orange County, Calif.  

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KPMG Corporate Finance


757 Third Avenue
New York, NY 10017
Phone: (212) 872-2920
www.kpmgcorporatefinance.com

STATS


  • Employer Type: Public
  • Managing Director: Nick Jachim
  • 2010 Employees: 75

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