Half a year following its expansion into Switzerland, Eight Advisory has landed in the Netherlands, marking its 9th office across Europe.
Eight Advisory was founded in 2009 when a group of eight seniors of Arthur Andersen and Big Four firms – hence the name Eight Advisory – branched out to go on their own. From its beginnings in France, the consultancy has since grown into a 460-strong group with a presence in ten countries – India is its sole operation outside of home-base Europe.
Expansion into the Netherlands is the next stop on its growth journey, with the country serving as a popular hub for many of the continent’s multinationals, and home to a well-established network of private equity houses. Eight Advisory mainly works for large listed corporates, private equity firms, large family offices and financial institutions.
The firm’s service portfolio centres around four topics: transactions, restructuring, business transformation and financial engineering. In Holland, the consulting firm will initially focus on restructuring, bringing on board Vincent van Liere to helm and kickstart the practice.
"We are very proud to welcome Vincent, a very experienced and highly regarded restructuring professional with a significant private equity and family funds network,” said Eric Demuyt, a Managing Director at Eight Advisory and formerly a partner at EY and Arthur Andersen.
The 45-year-old Van Liere has over 20 years of experience in financial and credit restructuring under his belt, gained at Dutch bank ING. His track record includes advising corporates, family businesses, high net worth individuals and lenders on navigating stressed and distressed situations, and helping private equity firms with restructuring their portfolio companies.
The Dutch wing will work closely with the firm’s other office in the Benelux, based in Brussels, which launched in 2018. The Belgian practice is led by ex-PwC consultant Philippe Fimmers.
Meanwhile, in France, Eight Advisory was last month appointed to the government’s restructuring framework agreement.
Sourced from Consultancy.eu