Mark Firmin is a Managing Director and Head of U.K. Regional Restructuring with Alvarez & Marsal in London. He is also Head of the firm’s U.K. Insolvency business. Mr. Firmin brings 20 years of experience providing restructuring advice and support to under-performing businesses and their stakeholders. He specializes in helping boards to implement strategic, operational and financial restructurings, and helping businesses to develop contingency plans.
Prior to joining A&M, Mr. Firmin was the U.K. Head of Restructuring at KPMG where he was responsible for 450 people operating in 17 offices throughout the U.K. He spent 21 years with KPMG’s restructuring practice where he served as partner and on the firm’s National Markets and Deal Advisory Leadership teams.
Mr. Firmin works with businesses of all sizes, ranging from large public companies to small owner-managed businesses. His work often includes helping to quickly stabilise the business, improve stakeholder communication, generate additional cash headroom, implement an accelerated sale, and develop contingency plans. He has also worked extensively with financial investors and creditor groups of distressed businesses, providing independent advice on maximizing investment value or minimizing lending risk.
In addition, Mr. Firmin has led many insolvencies and has been particularly successful in keeping businesses intact throughout the insolvency process, thereby maximizing value for stakeholders and preserving jobs.
Whilst Mr. Firmin offers a wealth of experience across a wide variety sectors in the U.K., recent experience includes retail, manufacturing, oil and gas, printing, mining, property, and airlines.
Mr. Firmin earned a bachelor’s degree in electrical and electronic engineering from Manchester University. He is a member of the Institute of Chartered Accountants in England and Wales, a member of R3, and a licenced Insolvency Practitioner.