2014-03-03

Alvarez & Marsal (A&M), a leading global professional services firm specializing in performance improvement, turnaround management and business advisory services, today announced the expansion of its India business with the launch of dedicated Corporate Finance and Commercial Due Diligence practices. To grow the firm’s India-based transaction advisory capabilities, Nandini Chopra has been appointed as Managing Director – Corporate Finance while Manish Saigal has been appointed as Managing Director – Commercial Due Diligence. Both will be based in Mumbai.

In order to manage this growth, Vikram Utamsingh, Managing Director and currently head of the India Transactions Advisory Group, has been named Co-Head of Alvarez & Marsal India.

Private equity firms and strategic acquirers require an integrated due diligence approach to achieve corporate and shareholder objectives. The addition of a local A&M Corporate Finance team will enable companies to stay ahead of the curve with strategic insights on mergers, acquisitions and divestitures, financing, restructuring and Financial Advisory services.  Building upon the firm’s dedicated Transaction Advisory Practice in India, the Commercial Due Diligence team will leverage A&M's operational heritage to help clients identify and analyse market opportunities in a competitive private equity deal environment.

Speaking on A&M India’s expansion plans with the new appointments Sankar Krishnan, Managing Director and Co-Head, Alvarez & Marsal India said, “Amidst continuing global economic uncertainty and a new economic paradigm, Indian companies and multinational businesses with operations in India are seeking real solutions to address challenges related to growing operations and managing performance. The new appointments reflect Alvarez & Marsal’s commitment to the Indian market and to partnering with our clients to provide them top professional talent and action-oriented results. Vikram, Nandini and Manish bring in-depth knowledge of the region coupled with breadth of proven expertise in the areas of operational performance improvement and commercial due diligence and will play a pivotal role in expanding A&M’s presence in India.”

Nandini Chopra brings with her over 20 years of experience in M&A, sales and divestitures, JV advisory, PE raises, IPOs, debt syndication and valuations. Prior to joining A&M, she spent over 15 years with KPMG India as a Partner in KPMG Corporate Finance where she led M&A transactions in the Consumer and Retail sectors, and successfully closed marquee cross border transactions. She was also the Head of their Valuations practice.

Manish Saigal specializes in providing advice on Strategy Formulation, Business Feasibility & Planning, Strategic and Commercial Due Diligence, Integration & Separation Advisory, Bid Advisory and Economic Studies. Manish Saigal brings more than 17 years of rich experience in strategy consulting, private equity and M&A advisory projects. Prior to joining Alvarez & Marsal, Manish Saigal led the Global Strategy group (GSG) at KPMG India leading key client relationships with leading PE firms, financial services firms, logistics firms to name a few.
About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to activate change.

Privately-held since 1983, A&M is a leading global professional services firm that delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action.  Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.

When action matters, find us at www.alvarezandmarsal.com.

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