KCP Advisory Group, a restructuring and financial consulting organization, merged with Altman and Company to create a national consulting firm providing a range of services, including crisis and turnaround management, financial advisory, performance improvement, interim management, lender portfolio management advisory, forensic accounting and litigation support. Altman and Company, founded by Jonathan S. Altman in 1976, and KCP Advisory Group, founded in 2008, have both provided services on a national scale with both privately-owned and publicly-held clientele. The professionals of Altman and Company will join key offices of KCP in Boston and New York and strengthen the presence between those locations in the Connecticut market.
“We have had the opportunity to work with the Altman and Company team on several matters over the years,” Jacen Dinoff, CEO of KCP, said. “They are a highly experienced team of professionals that deliver to their clients and the combination of our teams further strengthens our capabilities to enable us to provide fully integrated and enhanced solutions to our clients”.
“We have been presented numerous opportunities in the last few years for merger/acquisition,” Gordon Lewis, managing partner for Altman and Company, said. “Merging with the KCP team was the right decision for us considering the synergies between the teams and the new opportunities and capabilities that we will be able to offer our clients. KCP has built a great team we are proud to join our firms together”.
The combined business will initially operate as KCP-Altman Advisory Group.