Daily News: October 14, 2014

Alvarez & Marsal Named ‘Due Diligence Provider of the Year’

Alvarez & Marsal was named “Due Diligence Provider of the Year” by the Unquote British Private Equity Awards 2014. This accolade was awarded based on the caliber and volume of A&M’s deal work. Specifically, A&M was acknowledged for the financial and operational vendor due diligence and pricing advisory services it provided in support of the sale of David Lloyd Leisure.

A&M’s Transaction Advisory Services team supported a complex shareholder base in the David Lloyd transaction, one of the market’s largest deals in the last twelve months, through a complex deal structure with a senior integrated team. This work enabled the David Lloyd business to enter a new phase of its development supported by a new investor.

Adrian Balcombe, managing director and head of European Transaction Advisory at A&M said, “We’re absolutely delighted that A&M has been identified as ‘Due Diligence Provider of the Year’ by Unquote and our peers in the industry. Our unique model of providing an integrated and world class financial and operational due diligence product, combined with all of A&M’s skill sets, continues to gain reputation and traction in the private equity market. This recognition supports our approach.”