Alvarez & Marsal’s global transaction advisory group appointed Chicago-based David Evans managing director. The addition of Evans to the global transaction advisory group practice expands the firm’s automotive and industrials mergers and acquisition expertise.

Evans has more than 15 years of transaction advisory and automotive and industrials sector experience. He focuses on sell-side and buy-side transaction support and financial due diligence for corporate and private equity clients.

“David’s industry expertise strengthens our capabilities and deepens A&M’s sector resources to meet client needs and address challenges across the investment lifecycle,” Paul Aversano, managing director and global practice leader of Alvarez & Marsal’s global transaction advisory group, said. “His extensive automotive background and in-depth industry knowledge advances our ability to innovate and help address our clients’ evolving business needs.”

Evans has helped global automotive original equipment manufacturers (OEM) with multibillion-dollar acquisitions and divestitures, as well as transactions involving other industrial, automotive supplier and commercial vehicle companies. Evans has completed multiple complex cross-border carve-out transactions, as well as capital market transactions.

Prior to joining Alvarez & Marsal, Evans served as a managing director in KPMG’s deal advisory practice across its U.S. and UK practices.

“As the auto industry grapples with tumultuous change, David’s experience will help our clients navigate a shifting landscape,” Rick Kozole, managing director and leader of the automotive and industrials group at Alvarez & Marsal, said. “His combined transaction and industry expertise will enhance our ability to solve for complex problems and provide clients with an integrated perspective.”

“A&M’s results-oriented culture and senior leader involvement on client engagements aligns with my approach,” Evans said. “The firm’s integrated platform, deep operational expertise and freedom from audit conflicts furthers my ability to help automotive and industrials sector clients maximize transaction opportunities.”