Press Release
News
Read More
Recent Transactions
View Engagements
Slide 2

Paul S. Klick IV Joins The McLean Group as Managing Director

MCLEAN, Va. – Jan. 17, 2019 –The McLean Group, an employee-owned investment bank that provides objective strategic and financial advice on mergers and acquisitions and business valuations, announced today that industry veteran Paul S. Klick IV has joined the firm as a Managing Director. Klick, who will be based in the firm’s McLean offices, will help serve clients in the technology, media and telecom sectors.

Klick possesses nearly 25 years of investment banking experience and has completed over 80 sell- and buy-side M&A, capital formation and advisory assignments across his career. He previously served as a Managing Director at two other investment banks, leading the technology, media and telecom practice at one and the financial technology investment banking practice at the other. Earlier, he worked on M&A transactions and equity and debt offerings for financial services, real estate, technology and communication companies at Friedman Billings Ramsey. Ultimately, he led its financial technology group within the technology, media and telecom group.

Klick said, “These are exciting times in the technology, media and telecommunications (TMT) space, and 2019 portends to be a year full of exceptional opportunities. I look forward to leveraging my TMT expertise, in concert with the entire team at The McLean Group, to build a nationally respected practice by aggressively targeting the business services landscape, tech-enabled services, software and financial technology.”

Mitch Martin, Managing Director, The McLean Group, said, “We are pleased to welcome Paul to our investment banking team. He is a true industry veteran with an outstanding record of achievement in the TMT space. His extensive transaction experience and unparalleled expertise will add a new dimension to our team and offer our clients immediate benefits. We are confident that our TMT practice will reach new heights under his able leadership.”

Klick is a graduate of the Cox School of Business of Southern Methodist University in Dallas, Texas. He holds a bachelor’s degree in business administration with a concentration in finance. He is a FINRA Registered Representative (Series 7, 63, 79).

Mr. Klick may be reached at 703.752.9019 or pklick@mcleanllc.com

About The McLean Group

For over 30 years, The McLean Group has been providing investment banking and financial services offerings focused on the Defense, Government & Intelligence (DGI), Security, Critical Infrastructure, Maritime, Facility Services, Unmanned Systems, and Public Safety markets. Our 60+ professionals bring deep industry experience and relentless execution to every client engagement. We provide solutions that blend financial creativity with operational expertise. Whether we are providing transaction advisory, valuation opinions, or growth capital, our services are unmatched in these core markets. Learn more at www.McLeanLLC.com.

RECENT NEWS

The Value of a QofE Beyond Standard EBITDA Normalizations

The Value of a QofE Beyond Standard EBITDA Normalizations

A Quality of Earnings review delivers value well beyond confirming normalized EBITDA.A Quality of Earnings review delivers value well beyond confirming normalized EBITDA. While standard adjustments address non-recurring items, a rigorous QofE examines revenue quality, customer concentration, working capital trends, and accounting policy risks that directly influence enterprise value and deal structure. For buyers, this analysis sharpens the basis for purchase price and surfaces integration risks before close. For sellers, a sell-side QofE strengthens credibility, accelerates diligence timelines, and reduces the likelihood of price chips late in the process. In middle market transactions, where financial reporting is often less formal, the depth of a QofE can be the difference between a clean close and a renegotiated deal. […]

read more
PCC Elections for Private Company Acquisitions: What PE Sponsors, Portfolio Company CFOs, and Their Advisors Need to Know Before Making the Call

PCC Elections for Private Company Acquisitions: What PE Sponsors, Portfolio Company CFOs, and Their Advisors Need to Know Before Making the Call

Private Company Council (PCC) accounting elections offer PE-backed companies a meaningful opportunity to reduce the scope and cost of purchase price allocation work, but the decision carries long-term implications that extend well beyond the close. Under ASU 2014-02, private companies may amortize goodwill on a straight-line basis over up to 10 years, eliminating the burden of annual impairment testing. Under ASU 2014-18, customer-related intangibles and noncompetition agreements may be subsumed into goodwill rather than separately recognized and valued. Together, these elections can streamline acquisition accounting and lower ongoing audit and compliance costs, but they also introduce restatement risk if the portfolio company later pursues an IPO or is acquired by a public buyer. For PE sponsors, the decision should be evaluated in the context of the fund’s exit thesis and applied consistently across portfolio companies. […]

read more
Revenue Looks Strong on Paper – But ASC 606 Compliance in Construction Tells a Different Story

Revenue Looks Strong on Paper – But ASC 606 Compliance in Construction Tells a Different Story

Revenue looks strong on paper – but ASC 606 compliance in construction tells a different story. In this case study, The McLean Group’s Financial Consulting and Transaction Due Diligence teams walk through a real construction services engagement where a project-level ASC 606 review surfaced a pattern of revenue recognition issues that materially changed the earnings picture. We examine the KPIs that matter most, including cost-to-complete accuracy, change order approval rates, and over and under billing trends, and explain why ASC 606 compliance deserves the same rigor in diligence as working capital analysis or debt-like items. […]

read more