Alvarez & Marsal Taxand, an affiliate of Alvarez & Marsal (A&M) announced Damon Yousefy, as a Managing Director with the firm’s Global Transaction Tax Advisory group. Formerly with PwC’s Mergers & Acquisitions Tax practice, Yousefy’s joining advances A&M’s ability to identify tax solutions for clients’ complex debt and operational restructurings, bankruptcy matters, and mergers and acquisitions (M&A) concerns. His appointment underscores the benefit of A&M’s integrated platform in addressing clients’ problems and attracting top talent.  
 
Yousefy advises clients across multiple industries, including financial services, technology, mining, oil and gas, consumer products, manufacturing, shipping, automotive and healthcare. He has specific M&A experience encompassing tax due diligence, tax structuring, basis step-up modeling, international tax, legal entity rationalization, internal restructurings, carve-outs, spinoffs, sell-side offerings and joint ventures.  
 
His notable engagements include the:    

• Simultaneous $8 billion acquisition and structuring of two label companies purchased by a leading private equity firm;  
• Merger of two nationally known publicly traded beverage companies worth $19 billion;  
• Sale of a nationally known cosmetics brand to a global conglomerate for approximately $1 billion and;
• Bankruptcy tax modeling and tax structuring for a radio company with $16 billion in debt, a mattress company with $2+ billion in debt and a mining company with $1.5+ billion in debt. 

Ernie Perez, Global Practice Leader of Alvarez & Marsal Taxand, noted, “Damon’s extensive M&A experience supports our growth strategy for further aligning A&M’s tax offerings with the firm’s noted restructuring and M&A lines of service. His results-driven mindset dovetails with our approach and will help clients navigate the tax complexities surrounding turnarounds, transformations and transactions.”
 
Chris Howe a Managing Director with Alvarez & Marsal Taxand and Leader of the firm’s Restructuring Tax Service initiative, said, “Damon’s cross sector experience and in-depth M&A and restructuring tax knowledge aligns with A&M’s heritage of operational excellence. His hire augments our global network of local boots-on-the-ground professionals working, alongside clients, to help drive change.”  
 
Adam Benson, Managing Director and U.S. Leader of Alvarez & Marsal’s Global Transaction Tax practice, added, “Damon’s track record showcases his ability to maximize value for clients with bespoke innovative solutions that capitalize on opportunities and mitigate risks. He shares our mission to help clients get the job done.”
    
Yousefy began his career in New York in the Transaction Tax practice of Ernst & Young. He earned a BBA in business from Baylor University and an MBA in finance and a J.D. from Indiana University. He is a licensed attorney and a member of the New York State Bar.