A&M strengthens global transaction advisory group with senior hire

15 June 2020 Consultancy.uk 2 min. read
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Alvarez & Marsal has bolstered its London based global transaction team with the appointment of Devean George as Managing Director. George arrives from PwC, where he was a Director in Transaction Services.

Commenting on his new role, George commented, “I’m looking forward to developing a data-led approach to financial due diligence and working with colleagues to offer clients our full suite of advisory services... I am joining at a critical time for technology businesses. While clearly coronavirus will continue to impact on deal flow, deals in the software and technology sector are proving resilient and we expect to see a return to growth in the medium-term. Software and Technology is an integral part of business operations across the world, so will remain in-demand and retain the attention of investors.”

George’s hire is hoped to help Alvarez & Marsal (A&M) enhance its integrated client proposition, and further supplement our already deep expertise in the software and technology sector. He will be responsible for creating and delivering practical due diligence solutions for both private equity funds and corporate clients facing increasingly complex challenges, bringing over 25 years’ experience in advising private equity and corporate clients on transactions using tech-enabled data analytics and intelligence.

Devean George, Managing Director at Alvarez & Marsal

David Evans, Managing Director and European Practice Leader with A&M’s Global Transaction Advisory Group, remarked, “I’m delighted to welcome Devean to our team, which has seen tremendous growth in recent months and years. He brings deep sector knowledge and expertise in deploying data analytics to supplement traditional due diligence which will prove invaluable to our clients.”

Prior to arriving at Alvarez & Marsal, George spent 14 years with Big Four professional services firm PwC, where he latterly led buy-side and sell-side projects as a member of PwC UK’s Technology, Media and Telecommunications (TMT) team. He also spent spells with rival firm KPMG and Moore Stephens, having started his career in PwC’s Transaction Services team in 19993, in Mumbai, India. He has since worked on over 150 transactions in Europe, the US, India and the Middle East.

In May, A&M confirmed two more senior hires in its London office. Philip Lawrence was named as a Managing Director in the firm’s Corporate Transformation Services team, while Nick Lynch became a Senior Director in the Global Transaction Advisory Group.