Sep 17, 2020   SOURCE: BusinessWire

LBMC Announces Key Leader Acquisition Further Strengthening Commitment to Construction, Manufacturing and Private Equity Backed Companies

LBMC, recognized as a Top 50 Firm nationally and among the Southeast’s leading accounting and business consulting firms, announced construction and manufacturing industry veteran Marc A. Tolleson joined LBMC as a Shareholder to work within its growing audit and business consulting practice.

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Marc Tolleson joined LBMC as a Shareholder to work within its growing audit and business consulting practice. (Photo: Business Wire)

Marc Tolleson joined LBMC as a Shareholder to work within its growing audit and business consulting practice. (Photo: Business Wire)

"The construction and private equity industries continue to evolve, and we are laser focused on helping our clients navigate the complex, ever-changing landscape. We do this by attracting best-in-class experts, like Tolleson, who has over 25 years of experience consulting in the construction/manufacturing and private equity space working with organizations across the country in markets large and small. His extensive expertise complements and supplements our breadth in this arena and deepens our team’s experience serving private equity sponsors and their portfolio companies. He has strong roots in the Knoxville market and community and is an outstanding addition to our award winning Accounting and Assurance team,” said John Mark McDougal, Practice Leader, LBMC Audit and Advisory Services.

Along his career, Tolleson has provided services to a number of private equity-owned portfolio companies and has significant experience in mergers and acquisitions, with both strategic and financial buyers. As an audit services partner, he specializes in providing assurance and business consulting services for start-ups to companies with annual revenues of $1 billion.

Tolleson has deep experience helping clients with complex accounting matters including: international financial reporting standards, purchase accounting, complex debt and equity accounting, preparing financial models and projections, budgeting, forecasting, cash flows, and other financial analysis.

Through his unique understanding of the nuanced issues executives face, Tolleson serves as an advisor to organizations in need of impactful solutions to complex challenges and opportunities.

“I’m excited to join the LBMC team as it is a great culture fit,” said Marc. “I look forward to continuing to help construction, manufacturing and private equity organizations of various types, sizes and markets nationwide problem solve and master their most critical business issues with thoughtful, novel solutions provided by LBMC’s expansive resources.”

Tolleson is a member of the American Institute of Certified Public Accountants and Tennessee Society of Certified Public Accountants. He is actively involved in Financial Executives International (FEI) and has served on the Boards of several professional and civic organizations. He received his Master of Accountancy and Bachelor of Science in Accounting from the University of Tennessee.

For more information on LBMC’s Construction, Manufacturing and Private Equity Business Consulting Practice, contact Marc at marc.tolleson@LBMC.com or 865-862-6534.

About LBMC

LBMC is a Forbes 2020 Top Recommended Firm, one of the Southeast’s largest accounting and business consulting firms and a top 50 firm in the nation serving approximately 10,000 clients with diverse needs across a spectrum of industries. The LBMC Family of Companies has more than 700 employees, with offices in Chattanooga, Nashville (Brentwood), and Knoxville, TN. Founded in 1984 as a traditional accounting firm, LBMC has expanded its focus to meet a broad range of advisory and business consulting needs for its diverse client base. Today, we've become industry leaders in financial, human resources, technology, information security, and wealth advisory services for businesses and individuals. For more information, visit www.lbmc.com.