Executive Suite: Angie MacPhee, Chief Executive Officer, Baker Tilly

What is Baker Tilly*?

AM: We describe ourselves as a forensic accounting and corporate finance consulting firm, a global firm of professionals looking to make a difference for clients. We work with corporations, insurance companies, attorneys, private equity and corporate executives to provide financial analyses, so better business decisions can be made. Our services focus on providing three things: financial forensics; the quantification of economic damages; and the valuation of assets and securities in complex corporate transactions, legal matters and insurance claims. Through our broker-dealer unit, Baker Tilly, we also provide a wide spectrum of complementary transaction advisory services as well.

What role does Baker Tilly play in the course of a deal?

AM: Baker Tilly often plays a different role in the course of a deal depending on the party with whom we work. When we work with the buy-side, we most often are assessing the value and stability of an acquisition target. Through our transaction advisory services, we also look at strategic alignment between the companies to increase the potential for deal success. We may even evaluate a target well before the letter of intent is signed. Similarly on the sell-side, we are valuing company assets, both tangible and intangible, to gauge deal relevance and fit. Outside of M&A transactions, we provide financial opinions and perform due diligence, applying different analytical measures to quantify opportunities and risks.

Can you give us examples of how Baker Tilly has uncovered financial evidence and the impact it has made on a client?

AM: One of my favorite examples from the buy-side is when we used predictive customer analytics (PCA) to save a client a lot of money. In this case, our analysis revealed negative customer trends and unsustainable business practices that were not revealed in the financial reports or traditional due diligence that resulted in a $30 million reduction in the acquisition price for our client.

What types of businesses and organizations does Baker Tilly typically work with? Who needs your help?

AM: Baker Tilly represents companies of all shapes and sizes in nearly every industry segment. We work with corporate executives, lawyers and insurance companies to provide financial analysis in complex situations. Our sweet spot in the corporate realm is typically the middle market where we can provide due diligence, valuation, transaction advisory services and fraud investigations. Our involvement with a company often centers on a pending or potential event: a corporate merger or acquisition, a significant management or ownership change, financial or tax reporting needs, commercial litigation, strategic planning for growth or sale, or a suspicion of wrongdoing.