KPMG practices across the Caribbean have come together to offer corporate finance services with a regional as well as local perspective. According to Alison Treco, Managing Director of KPMG Corporate Finance in the Bahamas, *”KPMG offers corporate finance services on a global basis. We believe that corporate finance is an area where collaboration among our Caribbean offices will result in increased value for clients. To that end KPMG Corporate Finance commenced a focused Caribbean region initiative to share information and resources. By maintaining an active knowledge share among our offices, we are able to quickly identify, for example, merger and acquisition and other investment opportunities throughout the region.”*
The offices making up KPMG Corporate Finance – Caribbean Region include offices in Anguilla, Antigua, The Bahamas, Barbados, Bermuda, British Virgin Islands, Cayman Islands, Jamaica, St. Lucia, St. Vincent & the Grenadines, Trinidad & Tobego and the Turks & Caicos Islands.
KPMG Corporate Finance notes that Global competition and trade agreements currently under negotiation (such as the FTAA) increasingly will impact all Caribbean economies. As a first step, many local companies are looking around the region for opportunities to expand their operations. Also many global companies are coming to the Caribbean with the intention to set up a presence in more than one island. The regionalisation of services will allow the firm to capitalise on the strength and relationships of local professionals in each country, while operating with a Caribbean and global business outlook.