Gary LoMonaco to Head The Alta Group’s Business Assessment Practice
June 19, 2023
Seasoned executive brings perspective from both sides of transactions
ROCHESTER, N.Y., June 20, 2023—The Alta Group announced today that Gary LoMonaco, a director who has worked with the group’s Strategy & Competitive Alignment Practice since 2021, will now lead the global consultancy’s Business Assessment Practice.
LoMonaco brings considerable experience in due diligence and business operations analysis to the role, gleaned from a career that has included executive roles at companies including information technology solutions provider Forsythe Technology Inc., Banc of America Leasing and Capital (BALCAP) and Heller Financial Inc.
He started his career in credit, gaining experience that earned him the post of Senior Credit Officer for Heller’s equipment finance business. LoMonaco was part of the standing acquisition and due diligence teams at both Heller and Forsythe, and headed a lender finance unit at multiple companies that was responsible for regular audits and operational reviews of a wide variety of clients and business models.
“I’ve been involved in capital markets as both a lender and a borrower, performed or managed pretty much every role possible,” LoMonaco said. “The hands-on managerial experience I have gained across the spectrum of equipment leasing and finance functions enables me to understand my clients’ perspectives, regardless of which side of the table they’re on.”
The Alta Group’s Business Assessment Practice can assist clients with pre-acquisition due diligence, ongoing operational assessments, lender due diligence and other traditional business assessment efforts. The Business Assessment Practice was previously combined with Legal Services under the direction of Paul Bent. Bent will continue to lead the Legal Services Practice.
About The Alta Group
The Alta Group is a trusted global advisory firm exclusively dedicated to equipment finance since 1992. Its interdisciplinary team of advisors approaches every client engagement with agility, with the future in focus, best practices in mind and a deep understanding of various sectors and market trends. The advisors, many former C-suite executives, provide “real-world” strategies for banks, independents, captives and OEMs, Fintechs, service providers and other commercial finance enterprises in asset finance.
For information on the group’s services in the United States and Canada, Latin America, Europe, the Middle East and Africa, China and Asia-Pacific, visit https://thealtagroup.com/ and follow updates on LinkedIn.
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Media Contact: Susan Carol
Phone: 540-847-1804
Email: [email protected]
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