A&M hires seniors from strategy firms to build out CDD offering
Global consulting firm Alvarez & Marsal has beefed up its deals-focused due diligence offering across Europe with the hire of six senior practitioners.
Traditionally focused on the financial, tax, and operational sides of due diligence work during mergers & acquisitions, the hire of the six new experts is part of Alvarez & Marsal’s wider push into the commercial due diligence landscape.
This segment of M&A advisory work reviews deal fundamentals around market outlook, growth and value creation, and is typically dominated by strategic consultancies, with Alvarez & Marsal’s hires all coming from the likes of Bain & Company, OC&C Strategy Consultants, EY Parthenon, and Kearney.
Commenting on the firm’s continued expansion into commercial due diligence – the latest cohort lifts the number of senior hires to the practice to 15 across Europe this year – Mike Trenouth, Managing Director at Alvarez & Marsal said: “We see tremendous value for our clients in providing an integrated due diligence offering across commercial, financial, tax, and operational.”
“While combining these separate products is seldom done well, at Alvarez & Marsal we align excellence in all disciplines to build a powerful, integrated transformation plan in diligence. That’s why we’re so pleased to have specialists of such calibre join the team. Having all held long-term sector roles, they bring the deep industry expertise that is so crucial to realising our clients’ full strategic and commercial potential.”
In Sweden, Bain & Company veterans Torbjörn Månsson and Johan Lundgren have been appointed to spearhead the commercial due diligence offering. Månsson has 25 years of strategy consulting experience, including 18 years at Bain & Company. He also held several CEO and board-level roles in industry.
Lundgren brings more than 30 years of experience in advising C-suite and board-level management, all of which he gained at Bain & Company. He has supported clients across a range of industries on topics including strategy, performance improvement and mergers & acquisitions.
In the United Kingdom, Oleg Zubarev has been appointed a Managing Director. Previously a partner at Kearney, he has more than a decade of experience and is a specialist in sector strategies and target screening, buy- and sell-side commercial and operational due diligence, post-acquisition transformation and mid-sized businesses.
Nick Mountfield has joined from OC&C Strategy Consultants as a Senior Director and concentrates on buy- and sell-side commercial due diligence work, growth strategy, and value creation planning.
In Spain, Rodrigo Rodríguez has joined as a Managing Director. He has more than 20 years of experience in the consulting industry. He most recently served EY-Parthenon for around a decade, previously he worked for KPMG, Oliver Wyman, and Accenture.
In the Netherlands, Harald Meinders has been tapped from PwC, where he spent 15+ years across spells in Amsterdam and London. The Senior Director specialises in commercial due diligence, market entry studies, M&A strategy and business restructuring.
Alvarez & Marsal’s transactions business works for both corporates as well as private equity funds. The unit also provides services to lenders such as banks.