EY-Parthenon names Mike Parr as transaction strategy lead

13 February 2023 Consultancy.uk

Big Four strategy brand EY-Parthenon has announced the appointment of Mike Parr as its new Transaction Strategy & Execution Leader in the UK & Ireland. He has spent a quarter-century with EY and its affiliate organisations.

The new Transaction Strategy & Execution (TS&E) Leader, commented, “I’m very excited about the growth potential of the EY-Parthenon business and of the richly diverse skills within TS&E. These skills will be vital in helping our clients navigate ongoing market uncertainty as well as supporting them expand and develop their businesses in a sustainable, diverse and innovative ways.”

EY-Parthenon’s TS&E team helps clients across the entire deal life cycle, guiding them from M&A or divestment strategy, through to integration or separation implementation and value creation aspects of ownership to help build long-term value. Parr has spend more than 24 years with EY, having initially joined as a graduate – and has spent many years as a senior figure in the practice.

Mike Parr, Transaction Strategy Lead, EY Parthenon

Parr has a background in financial and commercial due diligence, and has been a member of the TS&E leadership team since 2016. Since then, he has helped to drive the growth of the team during this period, which now includes 51 Partners across the UK and Ireland.

Steve Ivermee, UK & Ireland Strategy and Transactions Leader at EY, remarked, “I’m delighted to welcome Mike to the Strategy and Transactions Leadership Team. Mike is enormously well qualified, with a strong blend of leadership qualities to take the team forward to its next phase of growth and continue to support corporate and private equity clients solve their most challenging issues.”

As well as leading on high-profile client accounts, Parr has also been co-lead of EY’s Reshaping Results connected capital solution, which helps companies solve complex and critical business issues by focusing on value creation. He takes on the outright leadership of the TS&E wing from from Alex Gaunt who, after 25 years of service with EY – including seven years as TS&E Leader – has decided to retire from the business.

Ivermee added, “I would like to thank Alex for his remarkable and inspiring leadership over the last seven years and for his unrelenting commitment to developing TS&E to the business it has become today. I wish him well for the future.”