Award-winning dealmaker Jonathan Boyers has joined Alvarez & Marsal as managing director and head of corporate finance for EMEA.
It comes a year after Boyers announced he’d resigned from KPMG after more than 34 years.
Boyers has been a fixture of the corporate finance world but has been on gardening leave for the last 12 months.
Writing on LinkedIn this morning, Boyers revealed he was currently based in Dubai due to a contractual issue with his previous employer.
He explained: “I am currently located in Dubai as my former workplace is seeking to apply a non-compete clause restricting me from carrying out work relating to Great Britain for a period.
“Although I consider this to be unreasonable, it also fills me with confidence about the future success of the new A&M mid-market corporate finance practice.
“I have already spent some time with the excellent corporate finance team in Dubai (who can access some significant sources of finance).”
Boyers predicted the corporate finance mid-market would be reshaped in the next 10 years, with Alvarez & Marsal at the centre of it.
He wrote: “A&M are a fast growing global consultancy firm with 9,000+ staff and with a very strong focus on advising on deals and post-deal strategy. Adding corporate finance to their suite of services will offer clients contemplating a deal a full range of advice.
“I’m joining an existing corporate finance team of now over 80 colleagues across EMEA and globally and we plan to build a market-leading international mid-market corporate finance practice.
“There seems to be clear market demand in the mid-market for a high quality, client focussed corporate finance team providing deep sector-based advice from a fully global platform – free from all audit independence restrictions and conflicts.
“Building this practice within the A&M platform will enable us to offer exceptional access to international trade buyers and overseas funders – especially from the US. We will also benefit from the deep and highly commercial sector expertise across A&M.”
He added: “Our team is diverse, collegiate, flexible and entrepreneurial. We are ambitious about building a market leading business. We place huge importance on integrity and collaborative behaviour and we reward good performance and behaviours richly.
“Given the importance of the global nature of our business, my initial focus at A&M will be to get to know better our existing people and to start building out our international offering.
“Across Europe A&M corporate finance will continue to build out the niche sector capability and geographic coverage whilst working on an ever increasing number of deals. In due course I will be based back in the rapidly expanding Manchester office of A&M leading deals and growing the wider business.
“I’m really excited about what we will be building over the next decade and delighted with everything I’ve seen from A&M so far.
“We are looking forward to working closely with colleagues across the transaction advisory group, tax, debt advisory, restructuring and performance improvement. I feel completely energised by this move!”