KPMG appoints Alfonso Marone as Partner in TMT practice

03 April 2018

KPMG has appointed private equity specialist Alfonso Marone as Partner to its technology, media and telecommunications practice. He will be responsible for the development of corporate strategy and M&A engagements in Deal Advisory.

The private equity sphere has seen record levels of deal activity, with consultants continuing to be called in for due diligence work as well as to support with growth strategy. The high level of growth has seen firms pick up talent for various subsectors. KPMG recently announced that it has added technology, media and telecommunications (TMT) expert Alfonso Marone as a Partner.

Marone previously worked for financial services firm Point79 Management as a Managing Director, focused on, among others, supporting key PE clients with enterprise value maximisation through digital innovation, strategic M&A, revenue development, operational improvement, and international growth. He was previously, between 2013 and 2016, the Chief Development Officer & Divisional Director for Euromoney Institutional Investor.

Alfonso Marone, Partner - KPMG

Earlier in his career he worked at NBCUniversal as Senior Vice President, Head of Corporate Business Development, International markets; at Spectrum Strategy Consultants I VP Group, where he was Partner and Head of the Private Equity, Media, Internet & Telecoms practice; Innovation Manager at O2 UK; and at STS Studi Tecnologie as an Associate in its Mobile Communications Practice. He holds a Master's degree in Electronics & Communications Engineering from Sapienza Università di Roma, a Master of Business Administration in Television & Filmed Entertainment from the University of California, Los Angeles, and attended the Harvard Business School Executive Leadership Program.

Marone joins the technology, media and telecommunications (TMT) practice as a Partner. He brings more than 23 years’ experience to the role, covering buyouts, M&A, digital innovation, revenue development and operational improvement, which sees him take responsibility for the TMT corporate strategy and M&A engagements in Deal Advisory.

Commenting on the appointment, Alex Holt, head of TMT at KPMG UK said, “Alfonso brings a wealth of experience and is a fantastic addition to our existing team of experts in TMT. He brings a great combination of industry and advisory experience and will play a key role in our goal to provide market leading advisory, audit and tax services to our clients."

Marone added, “This is an exceptionally exciting time for the global TMT sectors, with technology innovations disrupting a growing number of industries and business models. Deals are happening apace in order to respond and adapt. KPMG is at the heart of a lot of this activity and I look forward to working with the team to help market participants take advantage of the opportunities.” 

Related: KPMG picks up Sarah Churton as Partner in Corporate International Tax practice.


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Grant Thornton UK appoints five new Partners

23 April 2019

Sergio Cardoso, Matt Maltz, Jessica Patel, Marc Roberts and Nick Warner have been appointed as partners at Grant Thornton. With the company undergoing a year of transition under new leadership, the new members will help consolidate the firm’s offering as it looks to reach new levels of growth in 2019.

2019 sees Grant Thornton’s UK wing undergoing a process of transformation. As the group looks to ensure its teams “provide the right level of support for profitable growth” and create an environment that “makes it easier for our people to do great work”, the firm has announced a succession of senior appointments across its regional divisions.

In February, this saw Chris Petts and James Bulloss named Partner and Director in the North East and Yorkshire respectively. Now, the UK’s sixth-largest auditing and consulting firm has confirmed the installation of a further five Partners across its UK team.

Sergio Cardoso is a long-standing Grant Thornton employee, having joined from Daniel Auerbach & Company – where he was an Accountant – in 2005. Cardoso rose steadily through the ranks since then, taking up his most recent role as Audit and Assurance Director in 2015. In that role, he focused on dynamic, fast-growing and entrepreneurial private companies, as well as multinational and AIM-listed groups. He now takes up the position of Partner in Grant Thornton’s audit practice.

Grant Thornton UK appoints five new Partners

Nick Warner has been appointed as a partner in Grant Thornton’s VAT team based in London. Bringing more than 20 years of experience in tax to the role, Warner joins the firm from Moore Stephens, where he most recently was VAT Partner, during a five-year stay with the firm. Prior to that, Warner was a Partner in VAT at BDO and PKF UK. He also spent five years at HMRC as a Higher Executive Officer.

Matt Maltz is the first of three Partner appointments in Grant Thornton’s real estate tax division. A former EY Partner in real estate tax, Maltz spent 17 years with the Big Four firm. In his new position with Grant Thornton, he will tackle similar client areas, as a Partner in real estate tax.

Jessica Patel has also been promoted as a Partner in the firm’s real estate tax practice, having been with the firm for more than 15 years. Patel joined Grant Thornton as a trainee in 2003. She is a licensed member of both the Association of Tax Technicians and the Chartered Institute of Taxation. As a Partner, Patel will advise a wide variety of clients ranging from UK property investors and developers to overseas investors and property funds.

Marc Roberts is another Big Four alumnus to join Grant Thornton as a Partner. Roberts exited EY to take up his new position, having been an Associate Partner and real estate advisory lead at the company. With more than 25 years of experience in the financial services sector, Roberts also formerly held a Directorship and headed the corporate finance real estate advisory team at fellow Big Four firm PwC.