The consulting firm Alvarez & Marsal has expanded its service portfolio in France with valuation services.
The launch of the Firm’s Valuation and Modeling group brings the number of professions in France to seven. Its advisory team of 85 people in the country, which has almost tripled in the last 1.5 years, is already active in three functional poles (business transformation, restructuring, litigation and investigations) and two sector practices (capital- investment, financial services).
Drawing on deep financial and operational skills, Alvarez & Marsal’s valuation experts help clients perform financial and economic valuations in a variety of situations including mergers and acquisitions, financial instruments, financial and tax reporting, litigation and litigation, structured finance and capital goods.
In France, this practice is now led by Thomas Gounel, who was hired externally at Deloitte and appointed Chief Executive Officer. Gounel brings to the company two decades of experience in corporate finance, transaction and valuation services.
He specializes in conducting valuation and financial modeling assignments for transactional (mergers and acquisitions, independent appraisals, litigation), tax (internal reorganization) and regulatory (business combinations, fair value valuation) purposes, with particular attention to customers in the automotive, energy, infrastructure, manufacturing and transportation sectors.
A Big Four background
At Deloitte, he was a partner in its business valuation and modeling practice, and prior to his ten years with Big Four, he served rival KPMG for nine years in its Corporate Finance wing. “I am particularly pleased with the arrival of Thomas as it demonstrates our ability to attract the best talent in our profession,” said Antonio Alvarez III, Europe Manager at Alvarez & Marsal.
Commenting on his new challenge, Gounel said: “I am determined to bring Alvarez & Marsal’s already established expertise in assessment and modeling to the French market. By offering a complete and differentiating offer, we have significant development potential in France.
He added that Alvarez & Marsal is ideally placed to build a long-term relationship with its clients as it operates “without audit independence restrictions”. “We are able not only to help clients assess acquisition and disposal opportunities, but also to work alongside them before or after the transaction in the implementation of their strategy. “
Globally, Alvarez & Marsal’s valuation services practice is led by New York leader Mark McMahon, while the European arm is led by London-based Richard Bibby.