Appointment aligns with the firm’s strategic growth plans enhancing its unique offering and positioning in the French market

Paris – Global professional services firm Alvarez & Marsal (‘A&M’) continues to expand its business in France with the appointment of Renald Bejaoui as Managing Director within the firm’s Private Equity Performance Improvement (PEPI) practice. His hire demonstrates A&M’s continued commitment to the market and to solving complex performance improvement issues for private equity (PE) firms and their portfolio companies.

Mr. Bejaoui re-joins A&M after a three-year period working for leading private equity funds on the principal side. He brings 15 years of experience working with private equity investors, both on the principal side and as consultant. Additionally, Mr. Bejaoui has advised corporate boards and management teams on performance improvement as well as M&A initiatives across a wide range of industries including industrials, retail, insurance, business services, and real estate.

During his initial tenure at A&M, which spanned six years, Mr. Bejaoui worked on several high-profile projects which included serving as Chief Transformation Officer for a leading commercial property and real estate services adviser on the transformation of its underperforming French business. He also co-led the post-merger integration programme between a French leader in foodservice delivery and a leading international B2B retailer specialising in self-service wholesale trade.

Most recently before re-joining A&M, Mr. Bejaoui worked for Bain Capital Credit on distressed and special situations in Europe. While at Bain, he served as a Board Director at T.M. Lewin in the United Kingdom and Habitat Inmobiliaria in Spain. Outside of his time at A&M, Mr. Bejaoui also worked as Chief of Staff to the CEO of MetLife in Western Europe, in charge of strategic planning and M&A.

Mr. Bejaoui will be joining Managing Director Renaud Fuchs to further develop the France PEPI team. With A&M France growing from approximately 20 employees in 2017 to 110 in 2020, the firm’s multidisciplinary approach in France provides integrated due diligence for PE funds (operational, financial, tax, technology and valuations), restructuring (operational and financial), and transformation for large corporates as well as for PE-owned companies.

Mr. Bejaoui will focus on developing services to investment funds in both pre-deal and post-deal situations. A&M’s pre-deal phase offering is in response to the increasing integration of operation due diligence into PE funds’ due diligence work. The firm’s post-deal phase offering helps PE funds and portfolio companies implement their EBITDA improvement roadmap, within the operational due diligence framework, and aligned with the investment teams’ value creation thesis.

Antonio "Tony" Alvarez lll, Managing Director and A&M’s European Practice leader, comments: “We are excited to welcome back Renald to our team. His unique experience will enhance our ability to address the complex challenges facing our private equity clients. Timing is good as we have grown our French business quite rapidly over the last 12-18 months and we expect a greater volume of private equity led opportunities across Europe.”

Bob Rajan, Managing Director and co-leader of the European Private Equity Performance Improvement practice, says: “We are very proud to have Renald back on our PEPI team. PE firms continue to seek trusted, fully integrated, due diligence professionals with strong post-deal implementation capabilities, who are also former investment professionals. Renald’s operational experience and sector expertise are perfectly aligned and will make a significant difference to the clients we work with.”

Renald Bejaoui, Managing Director at A&M, says: “I am delighted to be re-joining A&M. The firm’s growth in conjunction with its heritage of operational excellence provides a strong foundation to implement concrete, rapid performance improvement results for clients with independence, objectivity and leadership, in partnership with the management teams. Alongside Renaud Fuchs, and my great teammates in France, I look forward to furthering A&M’s pre- and post-deal services to best assist PE funds at all stages of their operations.”

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Contact:

Anne-Charlotte Creac'h, Image Sept, +33 6 74 61 46 86

Alex Purvis, Senior Marketing Manager, Alvarez & Marsal, +44 (0) 777 264 3023