KPMG appoints Alfonso Marone as Partner in TMT practice

03 April 2018 Consultancy.uk

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.”