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About

Paul Aversano is a Managing Director at Alvarez & Marsal and the Global Practice Leader of the firm’s Global Transaction Advisory Group.

For over 25 years, Mr. Aversano has specialized in leading both buy-side and sell-side financial and accounting due diligence projects for complex public and private company transactions, as well as transactions in the capital markets.

Mr. Aversano works to deliver the firm’s services to clients not only in North America but throughout Europe, the Middle East, India, Asia and Latin America as well. He leads the group’s efforts in the cross-border delivery of services to private equity firms, sovereign wealth funds and family offices as well as to corporate and strategic buyers around the world across a wide-spectrum of industries. Mr. Aversano specializes in assessing quality of earnings and GAAP accounting, providing accounting and transaction structuring advice for leveraged buyouts as well as purchase accounting and SEC reporting.

Prior to joining A&M, Mr. Aversano was a Partner and Director of Middle Market Private Equity with Ernst & Young in New York. In this role, he led financial accounting due diligence projects for private equity investor groups, and the development and coordination of the firm’s go-to-market and service delivery strategies focused on the private equity market. Previously, Mr. Aversano was with Arthur Andersen’s Transaction Advisory Services and Audit practices in New York.

Mr. Aversano earned a bachelor’s degree in accounting from Binghamton University, School of Management. He is a Certified Public Accountant (CPA) in New York, and is an active member of the American Institute of CPAs, the New York State Society of CPAs and is also a member of the Association of Certified Fraud Examiners (CFE). He currently serves on the Board of Directors of Answer the Call (New York Police & Fire Widows’ & Children’s Benefit Fund) and PowerPlay NYC and is a former board member of Youth I.N.C (Improving Non-Profits for Children), the Audit Committee of the Manhasset School Board of Education and the Alumni Association Board of Directors of Binghamton University. In 2019, Mr. Aversano was also the recipient of the B. Jean Fairbairn Access Award in recognition of his efforts and contributions in improving the services and access for students with disabilities at Binghamton University.

In 2015 Mr. Aversano was named the “Service Professional of the Year” by The M&A Advisor and was formerly a finalist of The M&A Advisor’s 40 Under 40 Award in recognition of outstanding achievements in the M&A and financial industry. Mr. Aversano is a regular contributor to FOX Business Network, Bloomberg, Yahoo Finance, TD Ameritrade Network and many other broadcast and print media outlets, and is a frequent guest lecturer at industry conferences and universities.

Professional Background

  • Managing Director and Global Practice Leader

  • Alvarez & Marsal Global Transaction Advisory Group
  • June 2006 – Present

  • Partner

  • Ernst & Young LLP
  • May 2002 – May 2006

  • Senior Manager

  • Arthur Andersen LLP
  • June 1992 – May 2002

EDUCATION

  • Binghamton University – School of Management

  • Bachelor of Science in Accounting
  • 1989 – 1993
  • Notable Alumni

Awards

  • Service Professional of the Year Awardee

  • 2015 14TH Annual M&A Awards

  • Due Diligence Provider of the Year Awardee

  • Unquote British Private Equity Awards 2014

  • Integrated Due Diligence Team of the Year Awardee

  • Acquisition International M&A Awards 2014

  • The M&A Advisor 40 Under 40 Awards 2011

  • Finalist

Leadership Philosophy

Working In The Alvarez & Marsal (“A&M”) Global Transaction Advisory Group (“TAG”) Is Both A Privilege And An Opportunity.

You are part of an elite team of professionals and we all want you to grow, develop, be successful, and contribute to the overall success of A&M. My primary leadership goals are to support your career objectives while eliminating both internal and external obstacles, such that you can achieve a greater level of success than you otherwise would on your own. The following are my thoughts about leadership, the way in which I lead Global TAG, as well as my expectations of our team as a member of this great firm:

A&M Core Values, The A&M Way, and A&M Global TAG Mission Statement

A&M Core Values: to maintain the firm’s core values of integrity, quality, objectivity, fun, personal reward, and inclusive diversity at all times.

The A&M Way: to provide leadership, problem-solving, and value creation while always upholding the founder’s mentality – leadership, actions, results.

A&M Global TAG Mission Statement: to help our clients be successful investors by acting as relationship-driven trusted advisors in everything we do.

Family, Client, Firm, Self

In order of importance, priority is given to your family, our clients, the firm, and yourself. Sometimes one of these areas will have to take priority over others, but over the long-term, the goal should be to find balance amongst all.

Treat People Fairly and Do the Right Thing

I believe in treating all people fairly based on their own individual wants and needs. At times, you may need to take a step back, look at the big picture, ask yourself what the right thing to do in a given situation is, and then do it.

Loyalty, Trust, and Respect

I am fiercely loyal to the people I work with, I trust them and treat them with respect, and I expect the same loyalty in return.

Hard Work and Commitment

I am deeply committed to our clients, the firm, and our people, and I expect others to share the same commitment. I want everyone to think like they are an owner of this firm and act as such – do what you say you are going to do and own the problem and the solution. You will be held accountable for your actions, as I will be for mine.

A&M Core Values: to maintain the firm’s core values of integrity, quality, objectivity, fun, personal reward, and inclusive diversity at all times.

The A&M Way: to provide leadership, problem-solving, and value creation while always upholding the founder’s mentality – leadership, actions, results.

A&M Global TAG Mission Statement: to help our clients be successful investors by acting as relationship-driven trusted advisors in everything we do.

In order of importance, priority is given to your family, our clients, the firm, and yourself. Sometimes one of these areas will have to take priority over others, but over the long-term, the goal should be to find balance amongst all.

I believe in treating all people fairly based on their own individual wants and needs. At times, you may need to take a step back, look at the big picture, ask yourself what the right thing to do in a given situation is, and then do it.

I am fiercely loyal to the people I work with, I trust them and treat them with respect, and I expect the same loyalty in return.

I am deeply committed to our clients, the firm, and our people, and I expect others to share the same commitment. I want everyone to think like they are an owner of this firm and act as such – do what you say you are going to do and own the problem and the solution. You will be held accountable for your actions, as I will be for mine.

Civic Engagements

  • Audit Committee

  • Manhasset School Board of Education
  • July 2009 – August 2015

  • Board of Directors

  • Binghamton University
  • October 2007 – June 2009

philanthropy