KPMG’s Private Equity Group appoints new partners
KPMG’s Private Equity Group in the UK has appointed three new partners and one associate partner to the business as it looks to grow its market share advising investors across all aspects of the investment lifecycle.
Neil Coomber joins KPMG from PwC where he was a partner in the transaction services team, working for a range of blue-chip corporate and private equity clients. During his career, he has led a significant number of high-profile, complex and multi-national transactions, including a number of years spent working in New York.
Luke Anderson joins KPMG from SAP where he led their EMEA Private Equity team, where he focused on building and managing long-term strategic relationships with leading Private Equity funds and their portfolio companies. He joined SAP from 3i where he was a director in their Private Equity team and prior to 3i, he was a director and board member at Imprimatur Capital, the venture vehicle for the alternative investment fund Tudor Capital.
At KPMG, Luke will focus on coverage of a number of key Private Equity funds; specifically on their portfolio operational value creation activity and on how digital transformation and technology can best be leveraged by GPs as a value lever in their investment theses and through their ownership period.
Adam Sumner has been promoted to partner, following more than 20 years with KPMG. For the last 15 years, Adam has focused exclusively on providing transaction advice to his clients, working on deals across all sectors. Principally based in London, Adam also spent two years working in the firm’s Transaction Services team in Toronto. Since his return from Canada, Adam has led KPMG’s support on a number of high-profile, complex, cross-border private equity deals in the European market.
Also promoted is Dan Reinhold, who assumes the role of associate partner. With 15 years at KPMG, including the last ten leading KPMG’s mid-market business development team, Dan joined the Private Equity team earlier this year to spearhead KPMG’s efforts in Portfolio Services, assisting PE clients and their portfolio companies with the full range of value creation services that KPMG offers, including cash and working capital optimisation; back-office and digital transformation; talent management; customer effectiveness; the ESG agenda and more.
A further nine team members have been promoted to a range of roles, from assistant managers to associate directors.
Naveen Sharma, head of KPMG’s Private Equity Group in the UK, says: “These appointments mark a significant investment in our UK private equity business, and is a reflection of the opportunity that we see in the months ahead as private equity investors look to improve performance across their portfolios and deploy their significant capital.
“As organisations continue to navigate their way through an uncertain economy, the conversations we’re currently having with our private equity clients mirror those taking place in boardrooms up and down the country - issues such as purpose, digital transformation, supply chain risk, talent risk and the ESG agenda are all high on the agenda.
“The private equity industry has an enormous role to play as the UK looks to finance its way to economic recovery, and myself and the KPMG wider team are looking forward to working with our clients, supporting them with their investments right across the value-creation lifecycle.”
In 2020, KPMG’s Private Equity Group has advised on several high-profile transactions including the acquisition of ThyssenKrupp Elevators, consumer delivery company Hermes UK and Germany, and technology firm Datasite.