McGladrey Expands Transaction Advisory Services Practice with New Directors
CHICAGO, IL – McGladrey LLP, the leading U.S. provider of assurance, tax and consulting services focused on the middle market, recently welcomed Rich Albano and Vipul Barbhaya as directors in the Transaction Advisory Services practice. In their new roles, Albano and Barbhaya will provide financial due diligence services to private equity investors and corporate acquirers, with Barbhaya specializing in sell-side due diligence.
“Rich and Vipul have impressive transaction experience, and are valuable additions to our growing Transaction Advisory Services practice,” said Milton Marcotte, Transaction Advisory Services practice leader for McGladrey. “Rich’s finance background, combined with his industry knowledge in key sectors, including industrial products, manufacturing, health care services, and professional services, enables him to work closely with clients to minimize risk and close deals. Vipul brings sell-side expertise, which will enhance McGladrey’s ability to help clients maximize the sales price of a business.”
Based in the firm’s New York office, Albano has more than 13 years of accounting and finance experience. For the past eight years, he has been with a Big Four accounting firm’s Transaction Advisory Services practice, most recently as a senior manager. Albano advises clients on key financial analysis, valuation and transaction issues including quality and sustainability of earnings, working capital, off-balance sheet exposure, realization of synergies, projections and divestiture exit readiness.
“It’s exciting to join McGladrey, which is well-known for having a deep understanding of the middle market,” said Albano. “I look forward to helping our clients optimize the value of their investments.”
Barbhaya has more than 14 years of experience in business, many of those advising clients on transaction advisory services (buy-side and sell-side), merger integration and transition planning, carve-outs, internal control evaluations, financial modeling and turnaround activities. He has provided advisory services primarily in the automotive, information technology, marketing, manufacturing and retail industries. Barbhaya is based in Chicago and rejoins McGladrey from a global advisory firm headquartered in Chicago.
“I’m happy to be back at McGladrey,” said Barbhaya. “I’m passionate about serving the middle market, and knowing how aligned and committed McGladrey is to serving the middle market across all industries, I know this is a great fit and an exciting opportunity. As the volume of businesses being sold is expected to increase over the next one to two years, I am well-prepared to assist sellers in preparing their companies for sale.
In the past year, the McGladrey’s Transaction Advisory Services practice has grown to more than 150 professionals and has provided buy-side, sell-side, tax and IT due diligence, tax structuring, merger integration, working capital assistance and other transaction-related services on more than 300 domestic and international transactions.
McGladrey LLP is the leading U.S. provider of assurance, tax and consulting services focused on the middle market, with more than 6,500 professionals and associates in 75 offices nationwide. McGladrey is a licensed CPA firm, and is a member of RSM International, the sixth largest global network of independent accounting, tax and consulting firms. For more information join our Facebook fan page at McGladrey News, follow us on Twitter @McGladrey, connect with us on LinkedIn, and/or on YouTube.