January 28, 2025

ALVAREZ & MARSAL TAX EXPANDS ITS FULL-SERVICE CAPABILITIES IN MEXICO WITH SIX NEW MANAGING DIRECTORS

Strategic Expansion Enhances A&M Tax's Mexico Presence and Service Offerings in Latin America.

Mexico City, – January 28, 2025Alvarez & Marsal Tax (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M) has expanded its suite of services in Mexico with the appointment of Managing Directors (MDs) Ricardo Ahumada, Edgar Antunez-Leon, Ivan Diaz-Barreiro, Xavier Hoyos and Fernando Lorenzo. As A&M Tax continues to build a premier advisory team worldwide, leaders Jose Manuel Ramirez and Alfonso Pallete have set their sights on pursuing strategic senior hires to secure a stronghold in the region. These additions underscore that strategy.

A&M Tax Mexico now offers comprehensive tax services, including corporate tax advisory, transfer pricing, international tax planning, private client services, domestic and international tax controversy and administrative litigation. Today, the team is comprised of nearly 40 seasoned tax professionals, with eight Managing Directors, including Santiago Chacon and recent joiner, Alfredo Garcia.

Ernesto “Ernie” Perez, Managing Director and Global Head of A&M Tax, noted, “Mexico is the second largest economy in Latin America and a truly dynamic market, which makes it a key jurisdiction for growth planning. The country’s proximity to the U.S. and strong manufacturing operations only add to its appeal. We are bolstering the team with six top tier advisors and will continue to broaden our footprint in the country and across Latin America. Each MD we add to the team can navigate the local complexities and regulations while offering a global perspective. We will ensure both extensive capabilities and adequate scale to best meet our clients’ needs.”

Prior to joining the firm, A&M Tax’s newly hired Mexico team members served in leadership roles and partner positions at the Big Four, government tax bodies and law firms. Each professional has worked with domestic, regional, and international clients, managing complex tax issues driven by global and domestic Tax and geopolitical challenges. Additionally, they all have in-depth knowledge on strategic tax planning and experience in negotiating complex tax aspects of transactions, as well as engaging with Mexican authorities to resolve tax controversies.

Jose-Manuel Ramirez, Managing Director and Leader of A&M Tax Mexico, stated, “The tax landscape in Mexico is complex, riddled with economic volatility and geopolitical shifts. Domestic and foreign clients expect potential tariffs and changes in US-Mexico trade relations and are grappling with increased regulatory and compliance requirements. There are also considerable risk mitigation concerns stemming from tax controversies and litigation and the list goes on. This talented team is prepared to support each client with tailor-made services unencumbered by audit conflict amidst the anticipated challenges on the horizon.”

About Alvarez & Marsal

Founded in 1983, Alvarez & Marsal is a leading global professional services firm. Renowned for its leadership, action and results, Alvarez & Marsal provides advisory, business performance improvement and turnaround management services, delivering practical solutions to address clients' unique challenges. With a world-wide network of experienced operators, world-class consultants, former regulators and industry authorities, Alvarez & Marsal helps corporates, boards, private equity firms, law firms and government agencies drive transformation, mitigate risk and unlock value at every stage of growth.

About Alvarez & Marsal Tax

Alvarez & Marsal Tax, part 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 of 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 Americas, EMEA, and APAC.

To learn more, visit: AlvarezandMarsal.com 

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