I’m excited to join forces with KCG, one of the fastest growing financial services firms in the Silicon Valley, advising and serving over 100 startup companies to date.
Redwood City, CA (PRWEB) November 27, 2012
KCG (Keating Consulting Group), a fast-growing Silicon Valley/San Francisco-based financial services firm providing part-time or interim CFO expertise, accounting, controller, bookkeeping, HR, and back office support to startups and early-stage companies, today announced the company has acquired the Towle Financial Group, led by Peter Towle. Peter joins KCG as a partner and brings extensive CFO, financial management and operating experience, spanning multiple industries.
The acquisition of Towle Financial Group brings a number of new clients to KCG, including notable startups Snapchat and mscripts. The addition of Peter and his team provides KCG the resources and expertise to expand their client base in SaaS, mobile, and social media and medical industries, and provide clients with a complete solution for outsourced finance and operations.
“Peter has achieved great success, building financial and operational infrastructure for startup and early-stage companies. He has repeatedly demonstrated an understanding of what it takes to help early-stage companies succeed”, said Ryan Keating, Founder of the Keating Consulting Group. “We are pleased to welcome Peter and his talented team to KCG and to provide our clients with more resources and expertise.”
Peter has served as a senior-level manager at companies ranging in size from pre-revenue to $50+ million in annual sales. His experience includes successfully securing growth capital across multiple fundraising efforts and managing multiple M&A events.
“I’m excited to join forces with KCG, one of the fastest growing financial services firms in the Silicon Valley, advising and serving over 100 startup companies to date”, said Peter Towle. “Together, we will continue to build and grow our client base, providing the expertise, resources and infrastructure upon which founders, investors and executive teams can grow strong, healthy companies.”
Since the acquisition, KCG has signed notable clients Knoodle, FiveStars, ReVENT Medical, Aptus Endosystems, Radius Intelligence, HDMI Licensing, and Thismoment.
KCG provides outsourced CFO, accounting, bookkeeping, controller, and HR services for venture, private equity, or angel funded startup companies. KCG supports funded startups who do not require full staffing for back office operations with a turn key financial services team to manage day-to-day CFO, accounting and HR needs. Many top venture capital firms in the Silicon Valley refer KCG to provide interim CFO services, finance, accounting and HR support for their portfolio companies.