KPMG Raises $35B in Private

KPMG has successfully raised $35B in a Private at a $40B valuation led by Private.

Company Overview

KPMG is a Consulting company headquartered in 3 Chestnut Ridge Road, Montvale, NJ 07645, founded in 1987 with 273000+ employees.

Professional services company

Fundraising Details

Amount Raised: $35B
Round Type: Private
Valuation: $40B
Date: 2024-01-01
Investors: Private

About KPMG

Professional services company The company is positioned in the Consulting sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 3 Chestnut Ridge Road, Montvale, NJ 07645
Founded: 1987
Team Size: 273000+
Industry: Consulting

What This Means

This funding round demonstrates strong investor confidence in KPMG's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Consulting sector continues to attract significant investment as companies innovate to meet evolving market demands. KPMG's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $40B valuation marks an important milestone for KPMG, positioning the company among notable players in the Consulting industry.

Looking Ahead

With this new capital, KPMG is well-positioned to execute on its growth strategy and continue building innovative solutions in the Consulting space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about KPMG, visit their headquarters at 3 Chestnut Ridge Road, Montvale, NJ 07645.