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M&A Industry Veteran Tapped, to Lead Alvarez & Marsal Corporate Transactions Group

Addition of Preston Parker to launch new group includes senior leaders and more than 20 former KMPG M&A professionals. Global professional services…

Michael Webb | June 19, 2024

Addition of Preston Parker to launch new group includes senior leaders and more than 20 former KMPG M&A professionals.

Global professional services firm Alvarez & Marsal has announced the appointment of Preston Parker, former KPMG Global Leader for its Deal Advisory and Strategy Integration & Separation practice, as Managing Director and Leader of its new Corporate Transactions Group (CTG).

Leveraging A&M's operational, restructuring and management consulting strengths, CTG officially launches its U.S. practice. This new practice combines the firm's existing corporate mergers and acquisitions (M&A) services with top-tier expertise in financial and accounting, tax and operational due diligence, and integration and separation transactions, creating an unparalleled, centralized offering. Supported by A&M's extensive capabilities in transaction advisory, corporate tax, capital markets and accounting advisory, and digital transformation, CTG stands free from the audit conflicts and internal complexities of traditional Big Four advisory services. This allows CTG to partner with corporate clients to seize M&A opportunities in the multi-billion-dollar corporate transactions marketplace with unmatched speed and agility.

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