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Alvarez & Marsal's Global Transaction Advisory Group Expands Services Into Canada and Appoints Scott Foster Managing Director and Practice Leader
[January 24, 2023]

Alvarez & Marsal's Global Transaction Advisory Group Expands Services Into Canada and Appoints Scott Foster Managing Director and Practice Leader


Leading global professional services firm Alvarez & Marsal (A&M) announced the expansion of its Global Transaction Advisory Group (TAG) offerings into Canada along with the appointment of Toronto-based Scott Foster as a Managing Director and Practice Leader. The introduction of Global TAG's broad portfolio of services into Canada represents the next phase of the practice's geographic expansion strategy while capitalizing on advisory growth opportunities with one of America's major trading partners.

Mr. Foster advises private equity, pension plan and corporate clients on buy- and sell-side integrated M&A advisory services, especially focused on financial accounting, commercial and operational due diligence. Prior to joining A&M, Mr. Foster served as the Canadian Leader of KPMG's Transaction Services Practice, where he built the Commercial Due Diligence and Strategy practice. Previously, he led Deloitte's team of Canadian M&A Transaction Services professionals, where he was Co-Chair of the Private Equity Practice, focused on financial accounting, due diligence and integration & separation services.

Paul Aversano, Global Practice Leader of A&M's Global Transaction Advisory Group, hailed the firm's geographic expansion of private equity (PE) services and Mr. Foster's ability to enhance value creation for clients seeking opportunities within Canada. "Scott's Big 4 background, extensive transactional advisory experience, and results oriented approach mirrors A&M's operational heritage and global network of boots-on-the-ground professionals," said Mr. Aversano. "Extending Global TAG's services in Canada follows on our investments in Spain, Italy, France, Switzerland and Sweden and enhances our ability to address local market needs alongside clients' international interests."



With considerable waste management and environmental services sectors expertise, Mr. Foster has advised on more than two hundred transactions in the US and Canada. He was the corporate development leader at one of North America's largest non-hazardous waste management companies where he managed M&A and strategic investments including due diligence on all major acquisitions. During this period, he spearheaded a $600 million transaction in the US of an integrated solid waste management company. Additionally, he managed monthly district level performance, annual budget submissions, and review of large capital projects.

Douglas McIntosh, Managing Director and Head of A&M Canada, said, "Transaction advisory services are a natural extension of A&M Canada's Restructuring & Turnaround offering and related services, including Disputes and Investigations and Corporate Performance Improvement. As US and international funds increasingly search for more complex transactions across Canada, Scott's local market knowledge will help clients solve for complex problems along with developing new avenues for maximizing value and driving change."


Scott Foster pointed to A&M's recent geographic expansions and its integrated platform as a major factor in his decision to join the firm, "Clients are increasingly demanding an integrated, global due diligence model and deep sector expertise in areas such as healthcare, software & technology, financial services and consumer transactions. Leveraging A&M's global capabilities and the firm's knowledge of local market conditions will give clients a competitive edge in the trenches, where deals get done."

Mr. Foster earned an HBA from Ivey Business School at Western University.?

About Alvarez & Marsal

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) for leadership, action and results. Privately held since its founding in 1983, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services. When conventional approaches are not enough to create transformation and drive change, clients seek our deep expertise and ability to deliver practical solutions to their unique problems.

With over 7,000 people across five continents, we deliver tangible results for corporates, boards, private equity firms, law firms and government agencies facing complex challenges. Our senior leaders, and their teams, leverage A&M's restructuring heritage to help companies act decisively, catapult growth and accelerate results. We are experienced operators, world-class consultants, former regulators and industry authorities with a shared commitment to telling clients what is really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.

About Alvarez & Marsal Global Transaction Advisory Group

A&M's Global Transaction Advisory Group provides investors and lenders the answers needed to get the deal done. We combine our firm's deep operational, industry and functional resources with Big Four-quality financial accounting and tax expertise to assess key deal drivers and focus on the root cause of any critical deal issues. As the largest transaction advisory practice outside the Big Four, our global integrated teams help private equity, sovereign wealth funds, family offices and hedge funds as well as corporate acquirers unlock value across the investment lifecycle.

The firm's Global Transaction Advisory Group includes over 800 professionals in 32 offices throughout the U.S., Latin America, Europe, Middle East, India, and Asia. Our global team has extensive industry knowledge across multiple sectors including, but not limited to, dedicated industry verticals in healthcare & life sciences, software & technology, energy & infrastructure and financial services.

To learn more, visit: AlvarezandMarsal.com. Follow A&M on LinkedIn, Twitter, and Facebook.


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