PwC Appoints New U.S. PE, Transaction Services Heads

Timothy Hartnett has been appointed U.S. Private Equity Leader at Pricewaterhouse Coopers. He fills the role left open by John P. McCaffrey, who has been promoted to leader of U.S. Transaction Services group at the firm. Read more.

Press Release:

PricewaterhouseCoopers today announced that John P. McCaffrey has been appointed leader of the U.S. Transaction Services group. The firm also announced the appointment of Timothy Hartnett as U.S. Private Equity Leader.

Mr. McCaffrey, who is a member of the firm’s U.S. Board of Partners, previously led the U.S. Private Equity group and was also the U.S. Transaction Services Financial Diligence Leader. In his new role, Mr. McCaffrey leads over 1,000 experienced deal professionals who help clients implement and execute mergers and acquisitions through different phases of the deal process from strategy, execution, post-deal support to exit as they expand and grow. Mr. McCaffrey succeeds Michael J. Burwell, former head of the U.S. Transaction Services group, who now is the Chief Financial Officer of the U.S. firm.

“There are many challenges as well as opportunities facing companies in today’s ever changing global market,” said Mr. McCaffrey. “I appreciate the opportunity to work with such a talented group of professionals who have the relevant experience and perspective of the market, business and regulatory issues necessary to help our clients successfully execute their deals and capital raising transactions.”

“Private equity firms have evolved in the last decade and currently manage a diverse group of portfolio companies. As a result, our services have also expanded to meet the sophisticated needs of these investors and their portfolio companies,” said Mr. Hartnett. In his new role, Mr. Hartnett leads a group of seasoned merger and acquisition professionals, specializing in private equity transactions and addressing the ongoing needs of portfolio companies of private equity firms.

About PricewaterhouseCoopers Transaction Services Group

The Transaction Services group of PricewaterhouseCoopers offers a deal process that helps clients bid smarter, close faster and realize profits sooner on mergers, acquisitions, sales and financing transactions. For companies raising money on US or overseas capital markets, we offer a strategic perspective, practical solutions and a holistic service approach that helps management anticipate and resolve a broad array of transaction, financial reporting, and registration process challenges. Our global network of more than 6,000 transaction professionals and more than 500 capital markets specialists operate from 16 U.S. cities and some 90 locations in North America, Latin America, Europe and Asia.

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 146,000 people in 150 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.

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