People: Two promotions to managing director at Prairie Capital Advisors Inc., a corporate advisory and investment banking firm: Hillary Hughes, ASA, CFA, who has been highly involved in the structuring and valuation related to employee stock ownership plans (ESOPs) on behalf of ESOP trustees as well as business owners, and Tom DeSimone, CPA, who has extensive experience in advising middle-market companies on ESOP transactions (representing both companies and ESOP trustees), mergers and acquisitions, financial opinions, corporate valuation, and other financial advisory services.

Firms: Jackson Thornton (Montgomery, Ala.) has acquired MST CPAs & Advisors, also headquartered in Montgomery, a firm that provides wealth management, strategic planning, outsourced CFO and business consulting services, technology consulting, and specialized industry services … FTI Consulting has acquired Madison Consulting Group, an independent actuarial consulting firm with offices in Madison, Ga., and Newtown Square, Pa.; the firm provides actuarial, data collection, compliance reporting, and expert witness services to regulatory agencies, law firms, insurance companies, managing general agents, and self-insurance programs … HHM CPAs, a firm with locations in Chattanooga, Memphis, and Cleveland, Tenn., has expanded to Florida by adding Bizzell, Neff & Galloway, based in Pensacola.

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