June 19, 2023

Alvarez & Marsal launches its M&A Tax business unit in Germany

The new business unit enhances the firm’s M&A service offering for clients in a vital growth market.

Munich, 15 June 2023 – Alvarez & Marsal Tax LLP (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), is expanding its service portfolio for M&A in the German market with the addition of a dedicated new business unit, M&A Tax. The launch of the business unit means A&M now covers the entire cycle of transaction related support, without the need for third-party providers.

A lot of A&M's international M&A transactions are linked to Germany, making its consulting experts’ cross-border know-how an advantage for clients. Providing expertise from day one, A&M’s tax team can complete even large transactions within a month. Beginning with six members, A&M plans to continue expansion of the M&A Tax business unit.

The new M&A Tax team

Clemens Petersen will lead A&M’s M&A Tax team in his position as a Managing Director. He brings more than 15 years of experience, having served as Director at PwC and Partner at Deloitte Germany. His focus is on complex tax matters, in particular transactions, refinancing and restructuring.

Petersen‘s team of M&A tax experts count on years of industry experience, selected for their ability to offer clients a holistic service offering.

"It is a challenge for many companies to find a transaction specialist in large firms," explains Petersen. "I am pleased to build a new expert team, all of whom bring their extensive experience to strengthen our M&A tax services."

Marvin Rust, Managing Director and European Tax Practice Leader at A&M Tax, commented: "I am delighted that Clemens and his team of tax experts completes the circle for A&M to provide M&A services in the German market. This will also assist our broader European M&A team deliver for our clients."

Ernesto Perez, Managing Director and Global Practice Leader of A&M Tax, added: "With this step A&M has once again positioned itself as a major player in M&A. It also underscores the firm's continued growth in Europe and steady evolution to meet our clients’ changing needs."

ENDS

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 more than 7,500 people across five continents, we deliver tangible results for corporates, boards, creditors, 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.

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

About Alvarez & Marsal Tax

Alvarez & Marsal Tax LLP, an affiliate of Alvarez & Marsal (A&M), is an independent tax group made up of experienced tax professionals dedicated to providing customised 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 advisers who are free from audit-based conflicts of interest and bring an unyielding commitment to delivering responsive client service. A&M Tax has offices in major metropolitan markets throughout the US, Latin America, and EMEA. 

To learn more, visit: AlvarezandMarsal.com

 

CONTACT:     Corinna Voss
                       +49 89 99 38 87 -30
                       aandm@hbi.de

 

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