LBMC Admits Seven New Shareholders

Brentwood, Tenn.-based LBMC (FY18 net revenue of $104.3 million) announced leadership appointments to accommodate company growth in areas dedicated to serving a variety of middle market and health care client needs. LBMC has named seven new shareholders, the largest new shareholder class in the firm’s more than 30-year history.

“I am pleased to welcome seven new shareholders to the LBMC family and congratulate them on their outstanding achievements,” says Jeff Drummonds, CEO of LBMC. “These exceptional leaders represent the largest new shareholder class in the history of our firm. This milestone is indicative not only of our significant growth, but also our commitment to providing opportunities to leaders that exemplify our shared vision to make LBMC the best choice for clients and colleagues. I look forward to seeing them lead the way as we continue to expand our national reach while maintaining our high level of client service delivery.”

The promotions include experts from seven different practice areas: health care and private equity tax services, wealth advisory, transaction advisory, valuation and litigation, health care valuation, information security and assurance. The new shareholders include three leaders in the firm’s Knoxville, Tenn., office and four in the Brentwood office.

Ben Carver specializes in the health care and health care IT industries with an emphasis on private equity and venture capital backed companies. Carver assists clients with a variety of tax issues including tax compliance, tax accounting assistance, financial statement reporting, multi-state tax planning and merger integration.

Bill Dean is the East Tennessee market lead for Information Security. He is responsible for incident response, digital forensics, electronic discovery and litigation support for the Information Security Services division.

Andy Lowe serves as the Knoxville Market Leader and head of the Valuation & Litigation Support Services group in the firm’s Knoxville office. Lowe performs valuation engagements of closely held businesses and business interests for gift, estate and income tax planning and financial reporting, intangible asset valuations including business combinations and goodwill impairment testing. He also provides litigation support services for family law and commercial litigation, as well as merger and acquisition and business transition services.

April Mitchell advises high wealth individuals and families, trusts and estates on complex tax matters. Her experience includes coordinating tax services to closely held businesses in various industries as well as consulting in areas including wealth transfer, real estate holdings, investment partnerships, foreign investment reporting and private foundations.

Jayme Parmakian works with private-equity backed and closely held companies in the health care industry. In addition to tax compliance and consulting work, Parmakian coordinates tax services for the firm’s transaction advisory group working on both buy and sell side diligence and structuring.

Katie Tarr specializes in Compensation Valuation (CV) services including assisting health care organizations in determining the fair market value of physician compensation arrangements. Tarr also has experience in the valuation of physician practices and other types of health care service arrangements, as well as due diligence and clinician compensation consulting.

Andrew Usery manages assurance engagements for family owned, private-equity backed and other closely held entities. His industry experience includes manufacturing, distribution, foreign-owned, services, construction and broker-dealers. He also serves retail companies and FINRA-regulated broker-dealer clients. He is a firm leader in the use of data mining and analytics.

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