The professional services firm is establishing offices in Tokyo and Osaka, staffing its initial team with 14 professionals, including six Managing Directors, from major competitors.
Alvarez & Marsal has established operations in Japan, opening new offices in Tokyo and Osaka. The firm’s entry into the Japanese market is being led by an initial team of 14 professionals, including six Managing Directors, hired from competing firms such as Deloitte, EY, and PwC.
The new A&M Japan will initially focus on M&A transaction services, including financial, accounting, tax, and corporate finance advisory. The firm has stated its intention to expand its services to include restructuring and operational performance improvement to meet local market demand.
The new leadership team includes several senior professionals from the Big Four. Daisaku Nonaka, formerly a Partner at Deloitte Japan where he led its private equity unit, joins as a Managing Director and the Japan Leader for A&M’s Global Transaction Advisory Group. He is joined by fellow former Deloitte Partner Teppei Matsuda, who will serve as a Managing Director in Tokyo.
To build out its tax advisory services, A&M has brought on Ichiro Suto as a Managing Director to lead the practice. Suto was previously a Partner with EY Japan. He is joined by former EY Japan Managing Director Yoshiaki Uno and Koichi Hattori, a former Partner with Deloitte Japan, who will serve as Head of Transaction Tax Services for A&M Japan.
The firm’s Corporate Finance practice will be led by Managing Director Takeshi Kon, who previously held roles at Deloitte Japan, EY Japan, and Nomura Securities.
In a statement, A&M Co-founder Bryan Marsal cited increased activity in restructuring, divestitures, and cross-border M&A as key drivers for the expansion. He noted that these trends create demand for consultancies that can offer "global reach with hyper-local expertise" and are free from the audit conflicts that can affect some multidisciplinary firms.
Paul Aversano, the Global Practice Leader of A&M's Global Transaction Advisory Group, who oversees the firm's Japan operations, added that the founding team was selected based on a strategy of investing in established local market leaders. The move positions A&M to compete directly with established players in the Japanese consulting market by leveraging a team with deep roots in the region.
SOURCE: Alvarez & Marsal
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