KCP Advisory Group joins with Altman and Company

Merger of KCP Advisory Group and Altman and Company

BOSTON--(BUSINESS WIRE)--KCP Advisory Group, the restructuring and financial consulting organization that offers creative solutions nationally, announces its merger with Altman and Company LLC. The merger of KCP Advisory Group and Altman and Company creates a national consulting firm providing a wide range of services including: crisis and turnaround management, financial advisory, performance improvement, interim management, lender portfolio management advisory, forensic accounting and litigation support. Altman and Company, founded by Jonathan S. Altman in 1976, and KCP Advisory Group founded in 2008 have both provided services on a national scale with both privately owned and publicly held clientele. The professionals of Altman and Company will join key offices of KCP in Boston and New York and strengthen the presence between those locations in the Connecticut market.

Jacen Dinoff, Chief Executive Officer of KCP, stated "We have had the opportunity to work with the Altman and Company team on several matters over the years. They are a highly experienced team of professionals that deliver to their clients and the combination of our teams further strengthens our capabilities to enable us to provide fully integrated and enhanced solutions to our clients”.

Gordon Lewis, Managing Partner for Altman and Company indicated “We have been presented numerous opportunities in the last few years for merger/acquisition. Merging with the KCP team was the right decision for us considering the synergies between the teams and the new opportunities and capabilities that we will be able to offer our clients. KCP has built a great team we are proud to join our firms together”.

The combined business will initially operate as KCP-Altman Advisory Group.

About Altman and Company

Altman and Company LLC has been providing turnaround, restructuring and crisis management services for approximately 50 years providing customized, cost effective, and comprehensive financial consulting services. Working closely with management as well as counsel and stakeholders, Altman and Company greatly enhances the potential for a satisfactory solution. The Altman approach mandates realism in management decisions combined with immediate response to a fast changing business environment.

About KCP Advisory Group

KCP renders services spanning a range of advisory roles from consulting to interim leadership. By recognizing the uniqueness of each engagement, KCP ensures the needs of the situation are met and minimizes the cost of valuable solutions by working in small, specialized expert teams. This format provides the experience of a wide range of businesses and industries to assist a client whether they are healthy, challenged, or distressed and whether the challenges include performance improvement or financial advisory services, or turnaround and restructuring.