Alvarez & Marsal

Founded in New York in 1983 by Tony Alvarez II and Bryan Marsal, Alvarez & Marsal began as a restructuring boutique. It expanded from restructuring into performance improvement, transaction advisory, private equity services, tax, disputes and investigations, valuation, and other specialist advisory work.

A&M works with corporations, private equity investors, distressed borrowers and lenders, law firms, fiduciaries, government agencies, and nonprofit organizations. Its distinguishing model is operational and implementation-focused: consultants may advise boards, take interim management roles, stabilize distressed businesses, improve profitability, or execute complex transformations.

The firm is especially strong in restructuring and turnaround situations, where liquidity, operational performance and stakeholder coordination need immediate attention. It also has a substantial private equity and transaction advisory platform covering due diligence, carve-outs, post-deal integration, value creation and performance improvement.