Pactio and Alvarez & Marsal sign strategic M&A partnership
Professional services firm Alvarez & Marsal has announced a strategic partnership with digital architecture platform Pactio. Supporting its M&A offering, the move will enable the consultancy to deliver a faster, more transparent and robust deal delivery process for its clients.
Marvin Rust, managing director and European tax practice leader at Alvarez & Marsal (A&M) Tax UK, commented, “Pactio’s software is designed to alleviate the common pain points in getting deals completed, such as the preparation of fund flows and tax memoranda. Its advanced technology is one of the biggest innovations in deal making technology and will revolutionise the way we guide clients through the deal close and beyond, delivering a rapid, reliable output that can evolve throughout the investment lifecycle.”
Pactio specialises in working with private capital groups, providing them with digital tools that benefit investors, lawyers, tax advisers and fund administrators. Pactio’s transaction management platform leverages single source of truth architecture to streamline workflows, improve accuracy and reduce risk.
It’s new partnership with A&M will enhance the way that M&A tax advisory services are delivered, according to a release from the firm. The statement added that now “A&M can offer a faster, more transparent and robust deal delivery process for its clients”. In particular, A&M will utilise Pactio’s secure platform architecture to help clients mitigate transaction risk, drive productivity, and improve data retention.
Eric Heimark, co-founder & CEO at Pactio, added, “The ideal strategic partner for Pactio is a business capable of fully embracing the transformative power of our platform. A&M’s commitment to constantly innovating and improving the way they do business made them an obvious choice as one of our first strategic partnerships.”
A&M is a consulting firm that provides advisory, business performance improvement and turnaround management services. With more than 8,500 people providing services across six continents, the firm delivers results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges.