August 3, 2021

Alvarez & Marsal Bolsters M&A Tax Capabilities in US

Blago Petkov, highly experienced private equity M&A tax professional, joins A&M.

New York - Leading global professional services firm Alvarez & Marsal (A&M) has announced that Blagovest Petkov has joined the firm as a Managing Partner with Alvarez & Marsal Taxand, LLC (A&M Taxand) in New York.

Mr. Petkov brings nearly 20 years of experience at Big Four firms representing private equity and multinational corporate clients on complex tax matters involving domestic and international M&A transactions. His addition signifies the latest significant step in the expansion of A&M Taxand’s capabilities and comes simultaneously with Marc Sanders, based in the Benelux, joining the firm to serve the Dutch market. 

“Blago has exceptional experience in building and leading relationships with private equity firms,” said Ernesto Perez, Managing Director and Global Practice Leader of A&M Taxand.  “His strong reputation within the private equity market and his extensive expertise will provide our clients with actionable insights and advance our team’s ability to service the market at the highest level.”

Mr. Petkov comes to A&M after seven years at Ernst & Young (E&Y), as a partner in the International Tax and Transaction Services group. While there, he led the relationships with some of the firm’s top private equity clients and oversaw the tax aspects and execution of every E&Y supported transaction globally. Prior to E&Y, Mr. Petkov spent nearly 12 years at Deloitte Tax LLP in the M&A tax practice, largely representing private equity clients on M&A transactional matters.

“Blago’s joining provides our clients with access one of the top performers in the industry,” said Adam Benson, Managing Director and U.S. leader of A&M’s Global Transaction Tax Advisory practice in New York. “His  in-depth knowledge of the shifting tax complexities facing the private equity sector, and expertise aligns with our heritage of operational excellence and our commitment to drive change and maximize value for clients. He is a team player with a proven leadership track record, and we are thrilled to have him on our team.” 

Mr. Petkov earned a Bachelor of Science in accounting and control and a Bachelor of International Tourism at the University of Economics in Varna, Bulgaria, and a Master of Accountancy with a concentration in taxation at The George Washington University. Mr. Petkov is licensed as a CPA in New York and Virginia.

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.
With over 5,400 people across four continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M’s restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what’s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
 

About Alvarez & Marsal Taxand

Alvarez & Marsal Taxand, LLC, an affiliate of Alvarez & Marsal (A&M), a leading global professional services firm, is an independent tax group made up of experienced tax professionals dedicated to providing customized tax advice to clients and investors across a broad range of industries. Its professionals extend A&M’s commitment to offering clients a choice in advisors who are free from audit-based conflicts of interest and bring an unyielding commitment to delivering responsive client service. A&M Taxand has offices in major metropolitan markets throughout the U.S. and serves the U.K. from its base in London.
Alvarez & Marsal Taxand is a founder of Taxand, the world’s largest independent tax organization, which provides high quality, integrated tax advice worldwide. Taxand professionals, including almost 550 partners and more than 2,500 advisors in nearly 50 countries, grasp both the fine points of tax and the broader strategic implications, helping you mitigate risk, manage your tax burden and drive the performance of your business.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.

CONTACT:

Kelsey Eidbo, Infinite Global, +1 415-505-0392

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