Troy may have wanted a firm with a global presence
Troy is a deliberate thinker. I'm not second-guessing his choice.
The top M&A bankers in Australia are routinely one of a Swiss bank, an American bank and/or Macquarie [1]. The global banks are known as such because they have uniquely global reach. They're also uniquely expensive.
For a small deal, a boutique with global reach would be the default choice. They bring expertise with heavyweights who want a better work-life balance. They bring cost effectiveness with a reduced footprint.
The only reason to go with KPMG is because you know someone there you trust.
Comments
Troy is a deliberate thinker. I'm not second-guessing his choice.
The top M&A bankers in Australia are routinely one of a Swiss bank, an American bank and/or Macquarie [1]. The global banks are known as such because they have uniquely global reach. They're also uniquely expensive.
For a small deal, a boutique with global reach would be the default choice. They bring expertise with heavyweights who want a better work-life balance. They bring cost effectiveness with a reduced footprint.
The only reason to go with KPMG is because you know someone there you trust.
[1] https://www.afr.com/companies/financial-services/ubs-macquar...