[JumpCrisscross]

> I'm surprised anyone would contact KPMG for M&A at all, in that they're primarily an accountant

They have other business lines. But they aren’t notable. If you’re a top M&A banker, or even the best in a small niche, you’re at a bulge bracket or a boutique. Not KPMG.

[fphhotchips]

I think it's worth noting that Troy may have wanted a firm with a global presence given that he's based out of the Gold Coast. The firms with big M&A reps in the USA don't necessarily have that same rep or presence down here, particularly in Brisbane.

[JumpCrisscross]

> Troy may have wanted a firm with a global presence

Troy is a deliberate thinker. I'm not second-guessing his choice.

The top M&A bankers in Australia are routinely one of a Swiss bank, an American bank and/or Macquarie [1]. The global banks are known as such because they have uniquely global reach. They're also uniquely expensive.

For a small deal, a boutique with global reach would be the default choice. They bring expertise with heavyweights who want a better work-life balance. They bring cost effectiveness with a reduced footprint.

The only reason to go with KPMG is because you know someone there you trust.

[1] https://www.afr.com/companies/financial-services/ubs-macquar...

[hahla]

Regardless I think using any big 4 consulting firm would be cost prohibitive for a small sale like this? No wonder they were laughing at the end of every meeting. He literally flew around with a team of KMPG consultants to 43 meetings to sell a site worth what a couple million at best...?