KPMG

Business Park Sofia Celebrates Wave of New and Renewed Leases

Retrieved on: 
Monday, April 1, 2024
Architecture, Environment, Other Construction & Property, Sustainability, Commercial Building & Real Estate, Construction & Property, KPMG, Carlsberg, ESG, BPS, CEE, Central and Eastern Europe, Bang & Olufsen, Heart, Business Park Sofia, Retail

Business Park Sofia (BPS/the Park) proudly announces a series of significant new and renewed leases over the past twelve months, solidifying its position as a premier destination in Central & Eastern Europe.

Key Points: 
  • Business Park Sofia (BPS/the Park) proudly announces a series of significant new and renewed leases over the past twelve months, solidifying its position as a premier destination in Central & Eastern Europe.
  • Several prominent companies, among which KPMG IT Service, DIGITALL Bulgaria, Telelink, Bang&Olufsen, Gorenje, Carlsberg, and SEGA Black Sea, have opted to establish or expand their operations in Sofia, Bulgaria by choosing Business Park Sofia.
  • This year, Business Park Sofia proudly unveils ParkShared, its own-operated co-working space located in the heart of the Park, offering an fascinating location with lake views.
  • Business Park Sofia is the home to approximately seventy five percent of all Fortune 500 and multinational tenants doing business in the CEE region.

Clean Energy Appoints Patrick J. Ford to Board of Directors

Retrieved on: 
Thursday, March 28, 2024
Communications, Other Energy, Oil, Gas, Transport, Energy, Public Relations, Investor Relations, Other Transport, KPMG, Business administration, LLP, University, Ford, KPMG LLP, Retirement, Multimedia, RNG, Accounting

Clean Energy Fuels Corp. (Nasdaq: CLNE ) today announced that it has appointed Patrick J. Ford to the company’s Board of Directors, effective March 27, 2024.

Key Points: 
  • Clean Energy Fuels Corp. (Nasdaq: CLNE ) today announced that it has appointed Patrick J. Ford to the company’s Board of Directors, effective March 27, 2024.
  • In addition to serving on the Board of Directors, he will also be a member of Clean Energy’s audit committee.
  • View the full release here: https://www.businesswire.com/news/home/20240328107343/en/
    Partick J. Ford Appointed to Clean Energy Fuels' Board of Directors (Photo: Business Wire)
    Patrick Ford, 62, served as an Audit Partner at KPMG LLP from 1994 until his retirement in 2022.
  • We are fortunate to have him join us, and I look forward to the positive impact his engagement and assistance will bring in guiding Clean Energy’s strategy and objectives,” said Clean Energy Board of Directors Chairman Stephen Scully.

One Equity Partners Invests in Italian Agricultural Tractor Attachment Manufacturer CBM

Retrieved on: 
Wednesday, March 27, 2024
Other Manufacturing, Other Transport, Finance, Engineering, Transport, Automotive Manufacturing, Professional Services, Manufacturing, Agriculture, Natural Resources, Underwriting, Corporation, KPMG, Spondyloarthropathy, Growth, Lifting, IMI, CBM, Banco BPM, OEP, Intesa Sanpaolo, BPER Banca, Security, Financial services

One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).
  • Founded in 1967 by the Cornia Family and headquartered in Modena, Italy, CBM is one of the leading global manufacturers of tractor attachment systems.
  • “We’re thrilled to be partnering with the Cornia Family who have built CBM into a global leader in the tractor attachment systems space,” said Joseph Huffsmith , Partner, One Equity Partners.
  • One Equity Partners received financial and tax advisory from KPMG, legal advisory from Freshfields, environmental, social and governance from Malk Partners, and transactional advisory from Eidos Partners.

Take-Two Interactive Software, Inc. to Acquire The Gearbox Entertainment Company Inc., Developer of Highly Successful Borderlands Franchise

Retrieved on: 
Thursday, March 28, 2024
Software, Technology, Consumer Electronics, Gearbox Software, TTWO, KPMG, Growth, Homeworld, Risk, Embracer Group, LLP, Acquisition, Take-Two Interactive, Happiness, Creativity, Intellectual property, Multimedia, Willkie Farr & Gallagher, Brother

Take-Two Interactive Software, Inc. (NASDAQ:TTWO), one of the largest interactive entertainment companies in the world, announced that it has entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million.

Key Points: 
  • Take-Two Interactive Software, Inc. (NASDAQ:TTWO), one of the largest interactive entertainment companies in the world, announced that it has entered into a definitive agreement with Embracer Group to acquire The Gearbox Entertainment Company, an award-winning creator of industry-defining entertainment experiences, for $460 million.
  • The purchase price assumes a debt-free, cash-free company with a normalized level of net working capital (excluding cash) at the time of the closing of the acquisition.
  • View the full release here: https://www.businesswire.com/news/home/20240327928202/en/
    Take-Two expects the transaction to deepen its successful relationship with Gearbox Entertainment and to provide increased financial benefits through a fully-integrated operational structure.
  • We set the bar for interactive entertainment and achieved remarkable results with groundbreaking, record-setting games when we worked together at arm's length as partners.

Brera Partners Acquires 70% of Shares of GBSAPRI Group to Create Italy’s Leading Independent Insurance Broker

Retrieved on: 
Wednesday, April 3, 2024
Finance, Business, Professional Services, Asset Management, Insurance, Partner, KPMG, Risk management, Partnership, Management consulting, Aviation, Acquisition, PWC, Investment, Public sector, Tin, SME, Lexia, Financial services

Brera Partners, a private equity firm specializing in investments in the asset light financial services sector, has announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the strategy to drive consolidation in Italy’s fragmented insurance broking sector.

Key Points: 
  • Brera Partners, a private equity firm specializing in investments in the asset light financial services sector, has announced it has acquired 70% of the shares in Italian insurance broker GBSAPRI Group, with the strategy to drive consolidation in Italy’s fragmented insurance broking sector.
  • Headquartered in Rome with nine offices across Italy, GBSAPRI Group was established in 1951 to service SMEs, corporates and the public sector.
  • Brera said the acquisition will enable GBSAPRI Group to continue its aggregator business model and acquire a series of businesses currently in the pipeline to grow its presence on the Italian market.
  • Brera Partners was backed by Headway Capital Partners with equity financing to facilitate the transaction.

Perfect Moment Reports Fiscal Q3 2024 Results

Retrieved on: 
Monday, March 25, 2024
Retail, Swimming, Women, Online Retail, Teens, Sports, Luxury, Skiing, Snowboarding, Other Retail, Children, Men, Outdoors, Specialty, Consumer, Fashion, E-commerce, RSM US, KPMG, Growth, New York (magazine), Universal Music Group, Partnership, WWD, ELLE, COVID-19, Social media, IPO, DTC, Publication, GAAP, Perfect Moment, Walt Disney, Collection, Marketing, Advertising, Total, Video game

Perfect Moment total followers across social media platforms, including Instagram, Facebook and TikTok, exceeded 343,000 by quarter-end up nearly 20% since the end of the same year-ago quarter —and currently totals more than 379,000 making Perfect Moment one of the world’s most followed luxury ski brands.

Key Points: 
  • Perfect Moment total followers across social media platforms, including Instagram, Facebook and TikTok, exceeded 343,000 by quarter-end up nearly 20% since the end of the same year-ago quarter —and currently totals more than 379,000 making Perfect Moment one of the world’s most followed luxury ski brands.
  • The total social audience reached by content posted by U.S. and U.K. key opinion leaders (KOLs) about Perfect Moment was more than 166.8 million during the period.
  • Featured on the front cover of Modern Luxury Aspen’s Holiday 2023/Winter 2024 issue, featuring model Kate Love wearing exclusively Perfect Moment.
  • “Our fiscal third quarter represented a special transitional period for Perfect Moment, as we prepared for our NYSE American IPO, onboarded new talent and senior team leaders, and increased our focus on eCommerce sales,” commented Perfect Moment CEO, Mark Buckley.

Janus International Group Announces Change of Auditor

Retrieved on: 
Friday, March 22, 2024
Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Machinery, Building Systems, Other Construction & Property, Manufacturing, Residential Building & Real Estate, Janus, KPMG LLP, International Marxist Group, Audit committee, BDO, KPMG, JBI, P.C, Accounting

Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced that as a result of a review process conducted by the Audit Committee of the Board of Directors, it has changed its independent auditor from BDO USA, P.C.

Key Points: 
  • Janus International Group, Inc. (NYSE: JBI) (“Janus” or the “Company”), a leading provider of access control technologies and building product solutions for the self-storage, commercial, and industrial sectors, today announced that as a result of a review process conducted by the Audit Committee of the Board of Directors, it has changed its independent auditor from BDO USA, P.C.
  • ("BDO") to KPMG LLP ("KPMG") effective March 18, 2024.
  • The change of Janus’s independent auditor was made after the Audit Committee of the Board of Directors conducted a competitive selection process to determine the Company’s independent registered public accounting firm for the fiscal year ending December 28, 2024.
  • Janus is working closely with KPMG and BDO to ensure a seamless transition.

Luke Kwiatkowski Joins Holborn Corporation as Senior Vice President and Chief Financial Officer

Retrieved on: 
Wednesday, March 20, 2024
Professional Services, Insurance, Finance, Certified Public Accountant, KPMG, AmTrust Bank, CFO, Senior, AmTrust Financial Services, P&C, Lehigh University, Economics, Business, CPA

Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced today that Luke Kwiatkowski has joined the company as Senior Vice President and Chief Financial Officer.

Key Points: 
  • Holborn Corporation (Holborn), a U.S.-based independent reinsurance broker, announced today that Luke Kwiatkowski has joined the company as Senior Vice President and Chief Financial Officer.
  • Mr. Kwiatkowski will be based in New York City and will report to Frank Harrison, Chairman of the Board and Chief Executive Officer.
  • As CFO, Mr. Kwiatkowski will be responsible for all financial matters of the firm, including strategic financial planning, corporate accounting, financial reporting and account services.
  • Mr. Kwiatkowski joins Holborn from property & casualty insurer AmTrust Financial Services where he was a Vice President and Deputy Global Controller.

Trinity Hunt Partners Establishes Healthcare Advisory Platform with Investment in Coker

Retrieved on: 
Tuesday, March 19, 2024
Consulting, Asset Management, Professional Services, Finance, Acceleration, Partnership, KPMG, Hospital, Trinity, Kirkland & Ellis

Trinity Hunt Partners, a growth-oriented private equity firm focused on services businesses, is pleased to announce a majority investment in Coker Group (“Coker”), a leading healthcare advisory firm serving hospitals, private and health system-affiliated physician groups, private equity-backed platforms, and ancillary healthcare entities.

Key Points: 
  • Trinity Hunt Partners, a growth-oriented private equity firm focused on services businesses, is pleased to announce a majority investment in Coker Group (“Coker”), a leading healthcare advisory firm serving hospitals, private and health system-affiliated physician groups, private equity-backed platforms, and ancillary healthcare entities.
  • Coker represents the foundational investment of Trinity Hunt’s healthcare advisory services platform.
  • Trinity Hunt’s investment and strategic expertise will support the platform’s growth initiatives, including execution of acquisitions, expansion of strategic service capabilities, investment in talent and technology, and acceleration of organic growth.
  • The firm is actively pursuing opportunities to invest in healthcare advisory businesses across the U.S.
    “We are thrilled to partner with Coker as the cornerstone of our healthcare advisory platform given the company’s people-first culture and longstanding track record of exceptional customer service,” said John Oakes, Partner at Trinity Hunt Partners.

KPMG’s "Digital Gateway for Tax" Platform Raises Global Standards in Tax Functionality with Generative AI

Retrieved on: 
Monday, March 18, 2024
Software, Finance, Artificial Intelligence, Accounting, Professional Services, Technology, Fintech, Business, Knowledge, Microsoft, Organization, KPMG, Software as a service, Retrieval, RAG, Investment, Tax, Microsoft PowerPoint, Centralisation, Sales

The KPMG Digital Gateway for Tax platform’s real strength lies in its content and transparent data enrichment capabilities.

Key Points: 
  • The KPMG Digital Gateway for Tax platform’s real strength lies in its content and transparent data enrichment capabilities.
  • The solution empowers clients to use the Digital Gateway as their Centralized Knowledge Hub, where users can access company-specific documents through the unified genAI platform.
  • “Digital Gateway for Tax is a tried and tested trusted platform where the AI component is now fully integrated and not an independent stand-alone function,” said Brad Brown, Global Head of Tax Technology, KPMG International.
  • "KPMG Digital Gateway for Tax is not just a tool, but an evolution in tax technology.