Brian Horn, Chris Coley and Paul Richards have joined the firm and will be working within its Special Situations and Turnaround team. Their primary focus will be on helping to preserve and restore value to organisations that may be facing a period of financial uncertainty. The team’s expansion follows on from its formation last year, which saw the appointment of David Fletcher, Partner, and Adam Broadbent, Managing Director.
Brian has joined the firm as a Partner, having previously worked for Alix Partners. With over 30 years of management and advisory experience, he has worked with Boards and Private Equity sponsors to develop and implement bespoke plans to preserve and restore value to businesses that were facing both operational and financial challenges.
Chris is joining KPMG as a Partner, and has over 16 years of advisory experience having worked for companies and their lenders. Most recently he was at Kroll, where he was a Managing Director focused on growing the firm’s Large Corporate and International offering in London. Prior to this, he worked at Ernst & Young and FTI Consulting.
Paul has joined the team as a Managing Director, and he was previously a Senior Director at Alvarez & Marsal where he advised companies facing operational challenges. Before this, Paul spent over 13 years at Rothschild & Co, both in the UK and the Middle East, specialising in helping businesses that were facing financial difficulty.
Liz Claydon, Partner and Head of Deal Advisory at KPMG UK, said: “I am thrilled to welcome Brian, Chris and Paul to the team at such a pivotal time, as we continue to drive forward our growth and investment strategy. These hires strengthen our Special Situations Group’s senior platform, and will be instrumental as we build out our offering to companies that may need specialist help.”
Reflecting on the appointments, David Fletcher, Partner and Head of Special Situations and Turnaround at KPMG UK, said: “Brian, Chris and Paul will each bring significant but slightly different experiences, and these appointments will constitute a big step forward in delivering KPMG’s strategy to proactively support businesses through the whole economic cycle. By combining this specialist expertise with the depth and breadth of functional and sector capabilities already at KPMG, we are able help our clients to rise to whatever challenges they might face during times of economic uncertainty. There will be further announcements later this summer as we continue to build out our capabilities in this area.”
The Special Situations and Turnaround team is deeply embedded within KPMG’s Deal Advisory practice in the UK, which includes established teams of Valuation, M&A, Debt Advisory and Transaction Advisory professionals, and the rapidly growing Working Capital Optimisation and Business Transformation teams. This powerful combination enables KPMG to deliver a bespoke, solutions-led approach to help companies navigate back to a path of sustainable value growth.
Sourced from KPMG UK