Mr. Yousefy, formerly with PwC, brings more than a decade of experience helping clients navigate tax issues amidst economic and regulatory uncertainty.  

DALLAS, March 29, 2023 – Alvarez & Marsal Taxand, LLP (A&M Taxand), an affiliate of leading global professional services firm Alvarez & Marsal (A&M) announced Damon Yousefy, as a Managing Director with the firm’s Global Transaction Tax Advisory group. Formerly with PwC’s Mergers & Acquisitions Tax practice, Mr. Yousefy’s joining advances A&M’s ability to identify tax solutions for clients’ complex debt and operational restructurings, bankruptcy matters, and mergers and acquisitions (M&A) concerns. His appointment underscores the benefit of A&M’s integrated platform in addressing clients’ problems and attracting top talent.

Mr. Yousefy advises clients across multiple industries, including financial services, technology, mining, oil and gas, consumer products, manufacturing, shipping, automotive and healthcare. He has specific M&A experience encompassing tax due diligence, tax structuring, basis step-up modeling, international tax, legal entity rationalization, internal restructurings, carve-outs, spinoffs, sell-side offerings and joint ventures.  

His notable engagements include the:

• Simultaneous $8 billion acquisition and structuring of two label companies purchased by a leading private equity firm;  

• Merger of two nationally known publicly traded beverage companies worth $19 billion;  

• Sale of a nationally known cosmetics brand to a global conglomerate for approximately $1 billion and;

• Bankruptcy tax modeling and tax structuring for a radio company with $16 billion in debt, a mattress company with $2+ billion in debt and a mining company with $1.5+ billion in debt.

Ernie Perez, Global Practice Leader of Alvarez & Marsal Taxand, noted, “Damon’s extensive M&A experience supports our growth strategy for further aligning A&M’s tax offerings with the firm’s noted restructuring and M&A lines of service. His results-driven mindset dovetails with our approach and will help clients navigate the tax complexities surrounding turnarounds, transformations and transactions.”

Chris Howe a Managing Director with Alvarez & Marsal Taxand and Leader of the firm’s Restructuring Tax Service initiative, said, “Damon’s cross sector experience and in-depth M&A and restructuring tax knowledge aligns with A&M’s heritage of operational excellence. His hire augments our global network of local boots-on-the-ground professionals working, alongside clients, to help drive change.” 

Adam Benson, Managing Director and U.S. Leader of Alvarez & Marsal’s Global Transaction Tax practice, added, “Damon’s track record showcases his ability to maximize value for clients with bespoke innovative solutions that capitalize on opportunities and mitigate risks. He shares our mission to help clients get the job done.”

Mr. Yousefy began his career in New York in the Transaction Tax practice of Ernst & Young. He earned a BBA in business from Baylor University and an MBA in finance and a J.D. from Indiana University. He is a licensed attorney and a member of the New York State Bar.

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 7,000 people across five 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.

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

About Alvarez & Marsal Taxand

Alvarez & Marsal Taxand, 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 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 or Taxand.com