EY and Grant Thornton beef up transactions teams

EY and Grant Thornton beef up transactions teams

Senior appointments made by EY and Grant Thornton suggests deals sentiment is growing

NEW transactional services appointments have been made by EY and Grant Thornton.

Faizul Ali and Fredrik Bürger have joined EY’s operational transaction services (OTS) team, while Philip Grindley (pictured) has been named a Grant Thornton partner and lead for its north-west transaction advisory services business. Richard Parkin also joins Grant Thornton, in its automotive transactions sector.

Ali joins EY from Deloitte after an 18-year career in the tech, media and telcos industry.

He previously held the consulting head and managing partner role for HP’s comms, media and entertainment consulting practice in EMEA.

Bürger also joins from Deloitte, having served as a partner in the post-merger integration team working on operational and commercial due diligence engagements for private equity clients as well as for banks in restructuring situations.

“The investment in two new partners to OTS is testament to the compelling nature of our growth story and demonstrates our ability to attract market leading talent,” said Michel Driessen, EY operational transactions services leader for UK and Ireland. “They have industry leading credentials, have worked on many high profile deals, and are an important and significant step in our ambitious growth plan for EY‘s transaction business.”

Grindley will head up a team of eight in Manchester, having previously served with PwC in Germany.

He has worked on a range of deal over the past 14 years, and his appointment is “just the beginning” of the growth plan for the eight-strong advisory team, according to GT’s national corporate finance chief Ali Sharifi.

“There are ambitious plans ahead and with his experience, Philip will play a key role in moving those forward,” said Sharifi.

Grindley said: “I’d been looking to move back to the UK for some time and Grant Thornton seemed like the perfect fit. The firm has exciting plans for the north-west practice and it’s a great time to be joining.”

Richard Parkin was head of valuations at Glass’s Information Services, where he commentated on automotive residual values.

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