Siena Lending Group closed a $21.8 million credit facility to support the acquisition of Ottawa-based companies Ontario Medical Supply and Royal Drugs by Capital Health Partners.
The Financial Accounting Standards Board appointed seven new members to its small business advisory committee, effective immediately, including Penny Pepperling, office managing partner of assurance for BDO.
Alvarez & Marsal Taxand, an affiliate of global professional services firm Alvarez & Marsal, added Elizabeth “Libby” Goodwin to its federal tax practice as a managing director. Prior to joining A&M, she served as a partner at KPMG in the financial services tax department.
Tom Goldrick joined gHoulihan Lokey’s transaction advisory services practice as a managing director and head of M&A tax services. Goldrick served at KMPG for 13 years, where he was most recently was a managing director in its M&A tax practice.
KPMG in the U.S. has elected Paul Knopp to serve as its next chair and chief executive officer for a five-year term beginning July 1, 2020.
According to a KPMG report, investment in U.S.-based fintech companies surged to $14.2 billion across 427 deals during the first half of 2018.
KPMG was ranked as the leading mid-market provider of M&A services for both the number of announced and completed deals in 2016, per Thomson Reuters’ Mid-Market M&A Review and Bloomberg M&A Advisory League Tables.