LBMC Names Seven New Shareholders; Growth and Strategic Initiatives Lead to Promotions in Seven of the Company’s Service Lines

Leadership promotions represent largest new shareholder class in firm history

LBMC names largest shareholder class in firm history. (Photo: Business Wire)

NASHVILLE, Tenn.--()--LBMC, one of the Southeast’s largest accounting and business consulting firms and a top 50 firm in the nation, today announced leadership appointments to accommodate company growth in areas dedicated to serving a variety of middle market and healthcare client needs. The company, which recently surpassed 600 total employees, has named seven new shareholders, the largest new shareholder class in the company’s 30+ year history.

“I am pleased to welcome seven new shareholders to the LBMC family and congratulate them on their outstanding achievements,” said Jeff Drummonds, CEO of LBMC. “These exceptional leaders represent the largest new shareholder class in the history of our firm. This milestone is indicative not only of our significant growth, but also our commitment to providing opportunities to leaders that exemplify our shared vision to make LBMC the best choice for clients and colleagues. I look forward to seeing them lead the way as we continue to expand our national reach while maintaining our high level of client service delivery.”

The promotions include experts from seven different practice areas: healthcare and private equity tax services, wealth advisory, transaction advisory, valuation and litigation, healthcare valuation, information security and assurance. The new shareholders include three leaders in the firm’s Knoxville office and four in the Brentwood office.

Ben Carver specializes in the healthcare and healthcare IT industries with an emphasis on private equity and venture capital backed companies. Carver assists clients with a variety of tax issues including tax compliance, tax accounting assistance, financial statement reporting, multi-state tax planning, and merger integration.

Bill Dean is the East Tennessee market lead for Information Security. He is responsible for incident response, digital forensics, electronic discovery and litigation support for the Information Security Services division.

Andy Lowe serves as the Knoxville Market Leader and head of the Valuation & Litigation Support Services group in the firm’s Knoxville office. Lowe performs valuation engagements of closely held businesses and business interests for gift, estate and income tax planning and financial reporting, intangible asset valuations including business combinations and goodwill impairment testing. He also provides litigation support services for family law and commercial litigation, as well as merger and acquisition and business transition services.

April Mitchell advises high wealth individuals and families, trusts and estates on complex tax matters. Her experience includes coordinating tax services to closely held businesses in various industries as well as consulting in areas including wealth transfer, real estate holdings, investment partnerships, foreign investment reporting and private foundations.

Jayme Parmakian works with private-equity backed and closely held companies in the healthcare industry. In addition to tax compliance and consulting work, Parmakian coordinates tax services for the firm’s transaction advisory group working on both buy and sell side diligence and structuring.

Katie Tarr specializes in Compensation Valuation (CV) services including assisting healthcare organizations in determining the fair market value of physician compensation arrangements. Tarr also has experience in the valuation of physician practices and other types of health care service arrangements, as well as due diligence and clinician compensation consulting.

Andrew Usery manages assurance engagements for family owned, private-equity backed, and other closely held entities. His industry experience includes manufacturing, distribution, foreign-owned, services, construction and broker-dealers. He also serves retail companies and FINRA-regulated broker-dealer clients. He is a firm leader in the use of data mining and analytics.

About LBMC

LBMC is a Top 50 firm in the country and the largest professional service solutions provider based in Tennessee, serving approximately 10,000 clients with diverse needs across a spectrum of industries. LBMC and The LBMC Family of Companies has more than 600 employees, with offices in Chattanooga, Nashville (Brentwood), and Knoxville, TN. Founded in 1984 as a traditional accounting firm, today LBMC has become industry leaders in financial, human resources, technology, information security, and wealth advisory services. For more information, visit www.lbmc.com.

Contacts

Lisa Namm
lnamm@lbmc.com
(615) 309-2356

Release Summary

LBMC names seven new shareholders, the largest class in firm history. Growth & strategic initiatives lead to promotions in seven service lines.

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Contacts

Lisa Namm
lnamm@lbmc.com
(615) 309-2356