Alvarez & Marsal welcomes Andy Moody as managing director
Alvarez & Marsal has expanded its corporate finance offering in Birmingham with the appointment of a new managing director. Andy Moody joins as the firm looks to grow its mergers and acquisitions offering across the Midlands.
Omar Mirza, managing director at Alvarez & Marsal (A&M), commented, “We are delighted to welcome Andy to the Birmingham office and be able to offer our clients local, on-the-ground corporate finance support across the Midlands. As a firm, we have ambitious plans for our continued expansion in key regional markets, where we see significant opportunity to help businesses of all sizes with our full suite of services.”
2024 has seen a gradual return to health for the global mergers and acquisitions market. With over 10,000 people across six continents, Alvarez & Marsal (A&M) delivers consulting expertise to corporates, boards, private equity firms, law firms and government agencies around the world – and its corporate finance wing plays an important role in the acquisition ambitions of clients around the world.
According to Jonathan Boyers, A&M’s head of corporate finance EMEA, this has led to the UK team in particular “growing strongly”. This is particularly in key regions where competitors “are retrenching”.
Speaking on the firm’s ambition to fill that void by rolling out corporate finance services to the Midlands, he added, “We are proud to now be able to offer local support to companies in the Midlands alongside our presence in the North West, Yorkshire and London. I look forward to working closely with Andy and helping him grow the local team.”
Joining A&M after more than 18 years of corporate finance experience, Andy Moody becomes the firm’s first corporate finance managing director for Birmingham. Now, he will spearhead the growth of the practice across the region, with a focus on the mid-market. There are ambitious plans to further expand the team, with multiple new hires to follow in due course.
“There is significant pent-up demand in the M&A market across the UK, after a more difficult dealmaking environment in the past 18 months,” said Moody. “We are expecting to see a surge of activity, capitalising on the more stable market environment and dry powder in private equity, in the coming months, particularly in the mid-market.”
Over his career, Moody has advised on a range of private company transactions in the mid-market, including acquisitions, disposals, buy-outs and finance raising. Deal sizes ranged from £10 million to £300 million and included significant cross-border elements, with counterparties across North America, Europe and Asia Pacific.
Prior to joining A&M, Moody spent the last 11 years with Deloitte, and previously EY, where he most recently served as director with a focus on supporting Midlands based private or family-owned businesses and private equity houses on M&A.
On his new challenge, Moody concluded, “A&M is perfectly placed to help businesses in the Midlands navigate this. We take an entrepreneurial and independent approach, and can offer our clients holistic, conflict-free advice covering M&A, tax, transaction support and performance improvement.”
