- EY retains top spot for the breadth of services for the second year running
- Outperforms Big Four for depth of services and client impact
EY has been recognized as a market leader in divestitures consulting by ALM Intelligence in its 2019 report, The ALM Vanguard: Transactions – Divestitures Consulting.
The report evaluates the overall depth, breadth and client impact of divestiture services, which include strategy, financial due diligence and project management. The market leaders, according to the report, combine robust complexity management capabilities with a well-integrated service offering centred on speed, accuracy and cost efficiency.
ALM noted that EY investment in its dedicated divestitures capabilities, outperformed the rest of the Big Four for the breadth, depth and client impact of its offering. The report goes on to highlight that the organization’s sustained investment in technology tools such as, EY Capital Edge and EY Embryonic, has complemented EY teams’ deal process management and operational strength.
Rich Mills, EY Global and EY Americas Sell and Separate Leader, says:
“EY divestitures consulting services have grown from strength to strength in recent years. They have been supported by sustained investment in technology combined with multidisciplinary advisory services that sets EY apart from competitors and enhances client experience. The recognition in the ALM Intelligence report is testament to this and the range of capabilities EY teams bring to bear on complex transactions.”
Tomek Jankowski, Senior Analyst, ALM Intelligence, says:
“Divestitures have become an increasingly important part of the EY offering in Transactions. The ability of EY to offer integrated services across the divestitures life cycle is made possible by continued investment in its capabilities, especially M&A tools utilizing big data analytics, AI and machine learning.”
-ends-
Notes to Editors
About EY
EY is a global leader in assurance, tax, strategy and transactions services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation is available via ey.com/privacy. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
About EY’s Strategy and Transactions
How you manage your capital agenda today will define your competitive position tomorrow. We work with clients to create social and economic value by helping them make better, more-informed decisions about strategically managing capital and transactions in fast-changing markets. Whether you're preserving, optimizing, raising or investing capital, EY Strategy and Transactions combine a set of skills, insight and experience to deliver focused advice. We can help you drive competitive advantage and increased returns through improved decisions across all aspects of your capital agenda.
To learn more about EY Divestiture Advisory Services, please visit https://www.ey.com/en_gl/strategy-transactions/divestiture-advisory-services