Amsterdam – November 12, 2018 – Leading global professional services firm Alvarez & Marsal (A&M) has launched its Private Equity Performance Improvement (PEPI) service line in Amsterdam with the appointment of Jessika van Veen as a Managing Director. The appointment signifies A&M’s commitment to growing its European presence, in response to increasing demand for solutions to portfolio companies facing operational challenges.
Ms. van Veen will lead A&M’s Private Equity Services for the Benelux, but her remit will cover a wider European client base. She brings over 20 years of delivering top line growth and bottom line improvement in private equity-backed environments. In the last seven years she has held positions at the Managing Director and CEO levels across a wide range of industries, including telecoms, ecommerce, retail and real estate.
Age Lindenbergh, Managing Director and co-head of A&M in the Benelux, said: “We are excited to welcome Jessika to our team. A&M’s growth in the Benelux reflects the fact that this region has attracted high deal volumes and overseas investment in recent years and that clients turn to A&M for leadership and support. Jessika’s arrival and the experience she brings is a next move of A&M to accommodate client demand by strengthening our performance improvement capability on-the-ground.”
Prior to joining A&M, Ms. van Veen served as a member of the extended Leadership Team at Staples, where she led the team in improving sales effectiveness and operational excellence across Europe. She has also served as CEO of IWG The Netherlands, where she oversaw the turnaround of the business to growth and profitability in less than two years. Before Ms. van Veen has had various general management and executive roles where she for example worked on the integration of three telecom operators, resulting in the up a newly merged, private equity-backed, Dutch telco Ziggo.
Jessika van Veen, Managing Director, said: “As the private equity landscape continues to evolve and the business cycle matures, clients are increasingly demanding new and innovative ways to deliver not only operational excellence but also ways to grow the business across their portfolios. I’m looking forward to helping A&M build significant market share in the Benelux region and throughout Europe.”
Mike Trenouth, Managing Director and co-head of PEPI in Europe, said: “We have seen a significant uptick in the number of major funds across Europe seeking our advice to identify opportunities during due diligence or realise value in the post-acquisition phase. Jessika has worked at the highest level within private equity-backed businesses, closely aligning with the firm’s operational heritage. She will play a vital role in the development of our Private Equity Performance Improvement offering not only in the Benelux, but across Europe.”
About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to make change and achieve 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.
With over 3000 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, help organizations transform operations, catapult growth and accelerate results through decisive action. Comprised of experienced operators, world-class consultants, former regulators and industry authorities, A&M leverages its restructuring heritage to turn change into a strategic business asset, manage risk and unlock value at every stage of growth.
Ingrid Valk, Del Jones, Headland Consultancy PR, +44 20 3805 4822
Margaret Cameron-Waller, Director of Marketing U.K. & Europe, Alvarez & Marsal, +44 (0)207 715 5202