Cedric Zana

Managing Director
Nearly 20 years of experience in M&A transaction services and audit engagements
Specializes in financial due diligence across all phases of deal execution
Industry experience includes TMT, A&D, infrastructure, manufacturing, consumer and retail
Paris
@alvarezmarsal
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Cedric Zana is a Managing Director with Alvarez & Marsal Transaction Advisory Group in Paris. Mr. Zana has nearly 20 years of experience in M&A transaction services and audit engagements for both corporate and private equity clients.

Mr. Zana has been heavily involved in the rapid growth and expansion of A&M in France and across Europe. He specializes in financial due diligence services and brings experience across all phases of deal execution, including pre-acquisition buyer and seller due diligence, carve-out situations, assistance with purchase agreements and post-transaction purchase mechanisms.

Mr. Zana has completed multiple M&A projects in France and abroad, with enterprise values ranging from €10 million to over €1billion. He has worked with various industries, including technology, media and telecom (TMT); aerospace and defense (A&D); infrastructure; manufacturing; consumer; and retail.

Prior to joining A&M, Mr. Zana spent a decade with a Big Four firm, including five years in the U.S. as a lead member of a French-American M&A practice. He assisted French corporate and private equity clients investing in the United States and served numerous U.S.-based clients as well. He started his career as a Financial Auditor with a Big Four firm in Paris.

Mr. Zana earned a master’s degree in finance from ESCP Europe and a master’s degree in international management from the University of Strasbourg (IECS). He is fluent in English and French.

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Investors have experienced a challenging year in 2023 when M&A activity was hit by concerns about the macroeconomic environment and the impact of higher interest rates.
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