Alvarez & Marsal opened an office in Stockholm to meet recent pan-European regulatory requirements. Fomer KPMG partners Christer Wiberg, Taus Wolfsberg and Christer Johansson joined the company as managing directors. Wiberg is serving as country leader and transaction advisory leader of A&M’s Nordic operations.

A&M has also expanded its regional restructuring capabilities with Norway-based senior director Ole Kristian Sivertsen serving as a member of the Nordic Restructuring and Turnaround team.

A&M’s market share continues to expand with the firm’s European practices experiencing more than 30% growth over the past two years.

Antonio Alvarez III, managing director and A&M’s European Practice lead, said, “The regulatory environment in the UK, Europe and the Nordics is changing and becoming even more restrictive. New audit regulation and rotation rules are impacting the provision of non-audit services and generating greater conflicts in providing those services to clients. A&M’s platform is less restrictive.”

Wiberg has expertise advising clients on complex and international buy-side and sell-side due diligence projects as well as large initial public offering processes. He has worked across multiple sectors including healthcare, consumer retail and industrial manufacturing. Prior to joining A&M, Wiberg was the leader of KPMG’s advisory business in Sweden.

Wolfsberg has experience advising private equity clients and large corporates on integrated financial and operational buy-side and sell-side due diligence as well as public-to-private transactions, pre-sale review and restructuring. Prior to joining A&M, Wolfsberg was head of KPMG deal advisory in Sweden and has previously served as the leader of KPMG’s private equity group in Sweden.

Johansson brings more than 15 years of operational due diligence, carve-out processes and integrations expertise to A&M. He has worked with private equity firms across the Nordics and Europe. Johansson has served in corporate operating roles at Atlas Copco and Alfa Laval working on integrations, production improvements, footprint optimizations and carve-outs. Additionally, he has led international operational projects including cost saving programs. Prior to joining A&M, Johansson led KPMG’s Nordic market operational due diligence and integrations/carve-out team.