Trinity Hunt Partners, a Dallas-based private equity firm focused on service businesses, has made a strategic investment in the advisory business of MarksNelson, an accounting, tax and advisory firm based in Kansas City.
MarksNelson will serve as the initial investment of Trinity Hunt’s advisory service. Trinity Hunt’s investment and professional services look to support the platform’s growth initiatives, including the execution of acquisitions, expansion of service capabilities, investment in talent and technology and driving organic growth. Going forward, the firm will operate in an alternative practice structure whereby MarksNelson will provide attest and assurance services, and MarksNelson Advisory will provide business advisory, tax and non-attest services.
“Not only does the Trinity Hunt team have an impressive track record of growing professional service businesses, we found them to be uniquely aligned with our culture,” says Josh Beck, MarksNelson managing partner. “Our partner group is excited to see what this significant growth catalyst will bring for our team and clients.”
Kirkland & Ellis LLP served as legal advisor to Trinity Hunt, with Hunton Andrews Kurth LLP providing regulatory counsel. Lathrop GPM LLP served as legal advisor to MarksNelson.