Combining our heritage in taking on complex and challenging environments and situations with our experience in Aerospace, Defense, Aviation and Space to help create high performing teams and deliver results. Our seasoned industry experts are called on by the highest levels of the Pentagon and the largest acquisition programs in the history of the US Department of Defense (DoD), foreign governments and partner nations. Senior executives, members of the boards of directors, operators of commercial aviation companies, suppliers, prime contractors, OEMs and the broad and diverse multi-tier supplier networks across the global defense industrial base rely on our professionals to address the current market challenges with a keen eye toward unlocking value.

The world's love affair with the automobile shows no sign of waning. But neither does the onslaught of challenges facing auto manufacturers, suppliers and retailers. Industry leaders already grappled with a slew of uncertainties impacting everything from the availability, price and transport of raw materials to consumer preferences and expectations. The global pandemic only exacerbated the risks posed by disruptive technology and business models as well as today's mercurial geopolitical climate. Our restructuring heritage sharpens our ability to act, even in the midst of unknowns. We bring a sense of urgency and accountability to every task we undertake, and our success has been road-tested with automotive OEMs and suppliers worldwide. Our focus is on long term results as seen in the bottom line and cash flow of our clients.

The demand for business services continues to grow, but so do the challenges, from poorly written legacy contracts to technology that never quite met your expectations. But you don't have to go it alone. We've built our reputation on refined management, cost control and a laser-like focus on the issues that matter most.

Consumer products companies face an overwhelming list of disruptions and challenges, from changing consumer needs to new entrants. A&M is here to help these companies navigate through the turbulence, quickly adapt, and prepare for the future. Our approach allows companies to focus on where and how to build the most sustainable value. Our team of consumer products experts shares a common passion to help companies achieve their maximum potential and be on the right side of disruption. Because our clients require practical results and real impact, our team brings together deep consulting and industry operator experience. Because our clients have broader and evolving needs, we drive large-scale enterprise transformations across all consumer products categories beyond A&M's deep restructuring heritage. Because our clients deserve partners who are mutually committed to their success and shared value creation, we align interests through new commercial models.

A&M drives results for boards; federal, state and local agencies; investors; taxpayers; parents; and most importantly, students. Focused on maximizing investment value in education, we reshape how institutions operate and deliver sustainable transformation across communities.

As an Energy expert, you see the shifts – consolidations, tighter capital restrictions, and investors laser-focused on environmental performance. As an oil and gas operator, your activity fluctuates with the commodity environment. With rising prices, you need to manage service costs, scale your workforce and build data-driven information to support allocation decisions for future CapEx funds. When commodity prices fall, the leadership and urgency for these activities reaches a new level. Revenues can decline precipitously, and you must adjust your cost structure accordingly, understand the timing under which assets can be divested, and make decisions that allow you to operate with fewer resources than before. We are a trusted partner for leading transformative change and improvements that allow you to adapt for market conditions. With our help, you'll feel confident and prepared for the next industry paradigm shift.

Alvarez & Marsal's global Financial Services Industry group partners with financial services firms and private investors to drive results, create value and unlock business opportunities at every stage of their growth strategies. Through deals, disruption and distress solutions, we join forces with clients to catalyze growth and profitability, navigate the complex industry challenges, and harness rapid technological changes that drive market advantage. Our team at A&M brings over four decades of dedicated experience serving the banking and capital markets sector. With a deep understanding of the industry's nuances, we offer a comprehensive suite of tailored services aimed at helping clients create value, seize opportunities, optimize operations, and mitigate risk. We work closely with both organizations and regulators within the insurance industry, aiming to enhance performance, achieve financial and operational objectives, and effectively navigate compliance challenges. In the rapidly evolving landscape of the insurance sector, change is accelerating, presenting both opportunities and complexities.

New technology, industry consolidation and payment reform continues to drive change across the global Healthcare and Life Sciences landscape. Whether it is healthcare delivery and payment or the manufacturing and innovation of medical devices and pharmaceuticals, today's healthcare marketplace presents unique challenges. Healthcare organizations must deliver high quality while managing costs, cash flow, reimbursement pressure under a changing regulatory environment. A&M's Healthcare team understands these complexities. We can help you improve your performance and provide you with the strategic advice and significant operating experience, to grow your business.

With a global presence and on-the-ground resources, our integrated approach enables us to accelerate opportunity capture, drive value and deliver results for clients throughout the entire project lifecycle and deal lifecycle. Our offerings combine strategic, economic and financial capabilities with technical and operational expertise across all major infrastructure sectors including energy, transport, digital and social infra.

Introducing the A&M Media & Entertainment Practice—The right time for a differentiated approach with the right media industry and transformation experience. At A&M, our global, market-leading Media & Entertainment Practice fully understands our unique and segmented industry with decades of experience in strategy, transformation, operations, and solutions as leaders in professional services and operators. We know how to operationalize executive strategies through our team of professionals, technologists and industry leaders who partner with you to achieve your goals and reach exceptional content, financial, operations and consumer outcomes. A&M's Media & Entertainment industry practice is proud to offer cutting-edge services and solutions that perfectly align with the ever-evolving needs of our clients. As the world of content and consumption patterns continues to rapidly transform, and new revenue opportunities emerge across all segments, our team remains on the forefront of the latest trends and technologies. With our unparalleled expertise, we're here to help you seize the moment and stay ahead of the competition.

Many of the miracles of modern science have been developed right in your laboratories, extending both the length and quality of lives around the world. But extreme market pressures — from the loss of patent protection and the rise of generic and counterfeit products to the downward pricing pressures exerted by governments and evolving healthcare systems — challenge you and your industry. A&M's first-class professionals have the proven strategies to remedy these issues. Designed to help address industry challenges and provide comprehensive solutions, A&M's Life Sciences Business Unit leverages the firm's integrated platform and represents its next capabilities milestone for delivering inventive solutions and driving sustainable growth. In today's market, Pharma, Biotech, and MedTech companies must continue to seek organic and inorganic opportunities to drive growth. Our team of experienced and action-oriented professionals address the broad needs of your enterprise - from transactions and transformation to optimization activities.

Our mission is simple: We Deliver Results For Citizens. A&M Public Sector Services helps federal, state and local governments, health and human services agencies, education, and social sector organizations stabilize, modernize, and improve outcomes for citizens. We bring our cross-sector perspective, our ability to find solutions in the midst of disruption, and our commitment to innovation to mission-driven organizations so that they can be relentlessly focused on delivering impact to the communities they serve. We help federal agencies unlock operational efficiency, modernize systems, and accelerate mission outcomes. Our approach blends private-sector speed with public-sector insight. From Medicaid to education reform, we partner with leaders within governments, education, HHS, foundations and nonprofit organizations to improve service delivery, enhance equity, and drive sustainable transformation across communities.

We help define your real estate strategy, identify the best location and use of owned and leased space, and evaluate cost across your portfolio. Our team has the skills to support our clients throughout the entire investment cycle with diverse solutions.

With the future of retail in a seismic shift, A&M helps leading retailers develop and implement the right strategies and capabilities to succeed. Through periods of tremendous change and increasing consumer expectations, A&M is there to ensure retailers stay ahead and create outsized results. Our approach allows companies to focus on where and how to build the most sustainable value. Our team of retail experts shares a common passion to help companies achieve their maximum potential and be on the right side of disruption. Because our clients require practical results and real impact, our team brings together deep consulting and industry operator experience. Because our clients have broader and evolving needs, we drive large-scale enterprise transformations across all retail sectors beyond A&M's deep restructuring heritage. Because our clients deserve partners who are mutually committed to their success and shared value creation, we align interests through new commercial models.

A&M's understanding of the challenges – and opportunities – facing the semiconductor industry aligns with investor needs in this rapidly changing market. Our dedicated semiconductor professionals understand the industry issues our clients are facing and are able to uncover investment opportunities for value creation.

A&M combines our operational edge and industry experience as we partner with your management team to refine your business processes, reduce corporate overhead, standardize and improve critical processes, and increase EBITDA. Our Technology Industry Group (TIG) team consists of highly experienced operators focused on driving sustained growth and optimized operations for software businesses, catering to both private equity and corporate clients. We understand the critical role of agility and responsiveness in the software industry, and our specialized services offer practical solutions to address unprecedented challenges and ensure long-term success.

The Telecommunications & Digital Infrastructure Industry practice (TDI) is the trusted partner for clients and investors tackling the challenges the industry is facing, including finding new sources of revenue growth, improving margins, optimizing deployment of capital and increasing the ROI on their investments. To gain market share, you must be agile — positioning the right products and services, capturing underserved customer segments, and optimizing value streams to improve efficiency and financial results. Our teams are in the market every day helping business leaders meaningfully improve their financial positions across traditional wireless, wireline, cable, satellite, digital infrastructure and communication equipment sectors. TDI combines A&M's pragmatism, bias for action and financial orientation with leading industry experts to accelerate change and produce sustainable results.

The transport and infrastructure sector is highly fragmented with thousands of small to medium businesses dominated by several large market players. We take a holistic, cross-functional approach to evaluating the physical, financial, and information flows throughout an organization's network.

Travel, hospitality and leisure is facing new and legacy challenges across the world associated with changes in the nature of demand, rising operational costs, disruptive market entrants, and increasingly complex financing environments. A new golden era of travel is taking shape: bigger, faster, and more complex than ever.

Advisory services for cryptocurrency and digital asset companies navigating complex business challenges. Recognized expertise in high-stakes restructuring and turnaround situations within the digital asset sector, as evidenced by 2025 TMA Turnaround Award for FTX Trading Ltd. case.

Infrastructure advisory services for investors and operators in the infrastructure sector. Comprehensive advisory spanning strategy, investment evaluation, and operational optimization for infrastructure assets and platforms.

Helping companies plan, select, source, negotiate and amend debt finance across a range of debt markets, structures and geographies. Comprehensive debt advisory services spanning capital structure optimization and financing strategy across multiple markets and instruments.

Partnering with companies to drive significant, sustainable business performance improvement by seizing growth opportunities and improving profitability. Case evidence demonstrates delivery of multi-million dollar savings opportunities, cash flow generation improvements, and cost optimization across manufacturing and procurement functions.

Integrated financial, operational and commercial due diligence services on both buy- and sell-side, including carve-out analysis and pricing advisory. Extensive transaction experience across 535 deals as general advisor, 633 buy-side engagements, and 99 sell-side mandates demonstrates deep capability in transaction support across all deal phases.

Digital and technology services that translate strategy into real, tangible value through automation, AI, data analytics, and technology transformation. The practice diagnoses complex ecommerce and digital challenges at scale, with recent expansion in EMEA and Asia-Pacific regions led by former McKinsey partner expertise in digital transformation delivery.

Forensic accounting, litigation support, fraud investigation, and regulatory compliance services to resolve complex disputes and mitigate financial risks. Demonstrated expertise in providing expert advice and testimony for major financial institutions, tracing contested funds in complex cross-border cases, and specialized forensic accounting for complex disputes.

End-to-end ESG support including regulatory compliance, decarbonization strategies, climate risk services, and sustainability transformation. Demonstrated capability across portfolio-wide carbon assessments, EHS and ESG due diligence on platform acquisitions, and positioning companies as sustainability leaders in capital-intensive industries.

Solving complex valuation issues including fairness opinions, IDW S1 valuations, financial reporting and tax valuations, portfolio valuations, and strategic option evaluation. Comprehensive valuation expertise supporting M&A, financial reporting, tax planning, and strategic decision-making across multiple valuation methodologies and standards.

Operational due diligence, value creation, and portfolio company improvement for PE firms across the investment lifecycle. PEPI practice focuses on value creation and operational due diligence with specialized expertise in PE-pace execution; demonstrated capability in establishing ESG best practices from investment outset to maximize value realization.

Delivering bank restructuring, credit portfolio valuation, regulatory advisory, and operational improvement services for financial institutions. Specialized expertise in navigating regulatory requirements, managing credit risk, and executing operational improvements within complex financial services environments.

Collaborating with company management and serving in interim roles to stabilize financial and operational performance through comprehensive profitability and working capital plans. Recognized expertise in complex restructuring including the Lehman Brothers bankruptcy (most expensive and complex in history as of 2013), HealthSouth's successful bankruptcy avoidance and NYSE relisting, and recent turnaround leadership on FTX and WeWork cases recognized with 2025 TMA Awards.

Objective, independent tax advisory services including international tax, digital tax transformation, capital allowances, and tax compliance. Global practice spanning 39 countries across six continents with specialized digital tax services employing automation and digital tools to reduce manual work and enhance compliance efficiency.