Ewing Bemiss and KPMG Corporate Finance have entered into a transaction through which the Richmond, VA-based investment banking team of Ewing Bemiss has joined KPMG Corporate Finance to become its Energy Investment Banking group.
The Ewing Bemiss team has completed transactions in a variety of industries, with an emphasis on the energy and power, and energy and industrial services industries. The firm was founded in 1992 and is headquartered in Richmond, VA (www.ewingbemiss.com). “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.
The addition of the Ewing Bemiss professionals provides KPMG with an immediate 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.”
The acquisition of Ewing Bemiss follows the June 2014 acquisition by KPMG Corporate Finance of Denver-based investment bank St. Charles Capital. KPMG Corporate Finance (www.kpmgcorporatefinance.com) is a subsidiary of KPMG, the audit, tax and advisory firm (www.kpmg.com).
Turning Basin Capital Partners, Ewing Bemiss’ private equity affiliate, is not a part of this transaction.
© 2015 PEPD • Private Equity’s Leading News Magazine • 8-18-15