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Alvarez & Marsal company history timeline

1983

Alvarez & Marsal was founded in 1983 by Tony Alvarez II, former Coopers & Lybrand workout specialist and Bryan Marsal, a former Citibank workout banker, after the two met and worked together at Norton Simon Inc.

1999

In 1999, A&M made the decision to grow into a national restructuring firm.

2008

Lehman Brothers filed for bankruptcy in 2008 and A&M was chosen to lead Lehman’s global wind-down.

2012

By 2012, Lehman Brothers emerged from the largest bankruptcy in United States history and began to repay creditors.

2013

By 2013, Alvarez & Marsal had grown to over 3000 personnel working from 55 offices around the world.

2017

In 2017, the firm made its entry into the Nordics and appointed leading industry professionals from KPMG including the former Head of Valuation Services for KPMG Sweden and the former CEO of KPMG Sweden and Head of its Financial Advisory Services practice.

2018

In September 2018, A&M opened in the Cayman Islands, complementing the firm’s ability to work on restructuring engagements in parallel tracks with the United States, U.K., Europe and Hong Kong.

In 2018, A&M bolstered its global Transaction Advisory Services capability with the appointment of new leadership in Paris, expanding the firm’s cross-border M&A offering.

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Founded
1983
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Headquarters
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Founders
Tony Alvarez II and Bryan P. Marsal,Tony Alvarez II
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Alvarez & Marsal competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Boston Consulting Group1963$7.5B22,000196
Bain & Company1973$4.5B10,500102
CIT Group1908$2.3B3,678-
Legg Mason1899$2.9B3,059-
Morgan Stanley1935$3.0B68,0971,007
Warburg Pincus1966$2.1B5002
Citi1812$74.3B210,000893
CME Group1848$6.1B4,50046
Apollo Global Management1990$3.6B1,60055
KKR & Co. L.P.1976$21.9B1,60036

Alvarez & Marsal history FAQs

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Alvarez & Marsal may also be known as or be related to Alvarez & Marsal, Alvarez & Marsal Asia Ltd., Alvarez & Marsal Corporate Performance Improvement, LLC, Alvarez & Marsal Holdings LLC, Alvarez & Marsal LLC and Alvarez and Marsal.