{"id":82139,"date":"2022-11-08T16:09:48","date_gmt":"2022-11-08T16:09:48","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=101867"},"modified":"2022-11-08T16:09:48","modified_gmt":"2022-11-08T16:09:48","slug":"the-carnrite-group-joins-alvarez-marsal","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/the-carnrite-group-joins-alvarez-marsal\/","title":{"rendered":"The Carnrite Group Joins Alvarez & Marsal"},"content":{"rendered":"

The combination builds upon A&M\u2019s strength in the energy industry<\/h4>\n

HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) — Leading global professional services firm\u00a0Alvarez & Marsal<\/a>\u00a0(A&M), has announced it is integrating successful energy consultancy, The Carnrite Group, into its energy practice. The move, which includes the addition of 20+ new employees to A&M\u2019s U.S. Energy Practice, bolsters the firm\u2019s proven track record for maximizing enterprise value for corporate and private equity clients in the industry.<\/p>\n

\u201cA&M has worked adjacent to The Carnrite Group teams over the last 17 years while serving energy industry clients, and we deeply admire their capabilities and the value they\u2019ve created for the companies we serve,\u201d said\u00a0Lee Maginniss<\/a>, lead for A&M\u2019s U.S. Energy Practice. \u201cTogether, we will bring increased leverage and expertise to help our energy clients navigate the uncertainty and massive change inherent to today\u2019s market.\u201d<\/p>\n

The Carnrite Group is a management consultancy focused on energy, industrial and private equity sectors. Since 1991, The Carnrite Group has helped clients achieve financial and operational performance goals, build successful organizations and create sustainable, resilient businesses.\u00a0Alan (\u201cAl\u201d) Carnrite<\/a>, The Carnrite Group\u2019s Founder and CEO, and\u00a0Nicholas (\u201cNick\u201d) Carnrite<\/a>\u00a0join A&M as Managing Directors. Their experience builds upon A&M\u2019s existing transformation, performance improvement, buy- and sell-side transaction, and turnaround and liquidity management capabilities.<\/p>\n

Al Carnrite brings over forty years of industry and consulting experience as a trusted advisor to executive leadership across the energy, industrial and private equity sectors. Nick Carnrite specializes in corporate strategy, business transformation, and sustainability strategy, and has worked extensively across North America, Europe and the Middle East since joining The Carnrite Group in 2011. Al and Nick are joined by an experienced team of professionals, including\u00a0Geoff Angulo<\/a>,\u00a0Gillian Tilbury<\/a>,\u00a0Nolan King<\/a>,\u00a0Chris Chia<\/a>,\u00a0Steve Cobb<\/a>, and\u00a0Kyle Vano<\/a>, who are joining A&M as Senior Directors.<\/p>\n

\u201cWe are excited to join a firm with A&M\u2019s credibility and reputation for delivering real results to clients across the Energy ecosystem,\u201d said Al Carnrite. \u201cA large part of our success to date has been an unwavering belief that deep, hands-on experience in these sectors is critical to driving sustained value for our clients. A&M shares in this belief and brings a similar model to market.\u201d<\/p>\n

Mr. Maginniss added, \u201cEnergy Transition, digitalization, geopolitical and social pressures \u2013 as enormous as the complexity is, so too is the opportunity to drive value. Together we will help our clients deliver the financial results and the breakthrough growth they seek.\u201d<\/p>\n

The Carnrite Group\u2019s Europe and Middle East businesses will continue to operate under The Carnrite Group brand during the initial integration period, while collaborating extensively with A&M. Carnrite Ventures will continue to operate as a standalone business.<\/p>\n

About Alvarez & Marsal<\/strong><\/p>\n

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.<\/p>\n

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\u2019s 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\u2019s really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.<\/p>\n

To learn more, visit:\u00a0AlvarezandMarsal.com<\/a>. Follow A&M on\u00a0LinkedIn<\/a>,\u00a0Twitter<\/a>, and\u00a0Facebook<\/a>.<\/p>\n

CONTACT: Sandra Sokoloff, Senior Director of Global Public Relations, Alvarez & Marsal,<\/strong>
\n+1 212- 763-9853 (<\/strong>ssokoloff@alvarezandmarsal.com<\/u><\/strong><\/a>)<\/u><\/strong><\/p>\n

GlobeNewswire Distribution ID 8692048<\/p>\n","protected":false},"excerpt":{"rendered":"

The combination builds upon A&M\u2019s strength in the energy industry HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) \u2014 Leading global professional services firm\u00a0Alvarez & Marsal\u00a0(A&M), has announced it is integrating successful energy consultancy, The Carnrite Group, into its energy practice. The move, which includes the addition of 20+ new employees to A&M\u2019s U.S. Energy Practice, bolsters [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,343],"tags":[],"yoast_head":"\nThe Carnrite Group Joins Alvarez & Marsal - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/the-carnrite-group-joins-alvarez-marsal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Carnrite Group Joins Alvarez & Marsal - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"The combination builds upon A&M\u2019s strength in the energy industry HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) \u2014 Leading global professional services firm\u00a0Alvarez & Marsal\u00a0(A&M), has announced it is integrating successful energy consultancy, The Carnrite Group, into its energy practice. 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