Alvarez & Marsal has continued the enlargement of its restructuring capabilities within the Nordics with the appointment of Kristoffer Ståhlbröst, who joins from EY to steer the observe regionally.
The newly appointed Managing Director brings over 20 years of expertise in complicated harassed and distressed transactions to the worldwide administration consulting firm. Previous to becoming a member of, he was a Associate and Nordic Chief for Company Finance at Huge 4 agency EY, accountable for its choices in mergers & acquisitions, valuations, and restructuring and turnaround.
Earlier than that, Ståhlbröst gained greater than 12 years of funding banking expertise, specializing in restructuring, leveraged finance, company finance and credit score at varied funding banks throughout Europe. Most lately, he served as Head of Company Restructurings within the Nordics for Royal Financial institution of Scotland and earlier he served Kaupthing Financial institution and Handelsbanken.
His observe document contains main a few of the largest restructuring engagements in Scandinavia and Continental Europe, centered on advising collectors, shareholders, administration groups and new traders on how they will protect worth and maximise recoveries or returns.
“I’m delighted to be becoming a member of a rising crew and increasing the restructuring observe to assist shoppers navigate harassed and distressed conditions. Alvarez & Marsal’s hands-on, built-in method gives a robust basis for driving change and maximising worth for shoppers,” mentioned Ståhlbröst.
In line with Richard Fleming, Head of the agency’s Restructuring observe in EMEA, the appointment indicators the agency’s dedication to a service space which is having fun with heightened demand in mild of the present Covid-19 pandemic. “Kristoffer’s experience solidifies our skill to assist shoppers throughout the Nordics,” he mentioned.
The senior rent dovetails with the latest hiring of Nordics-based Managing Administrators Jonas Rickardsson and Dan Andersson to develop the monetary restructuring and CRO providers choices.
Within the Nordics, Alvarez & Marsal has workplaces in Stockholm (launched in 2017) and Oslo (launched this year) – alongside restructuring, the hubs additionally supply company transformation, personal fairness and transaction advisory providers.
Globally, the consulting agency has over 5,000 staff, of which over 1,000 are based in Europe.