Alvarez & Marsal’s transaction advisory practice has appointed Kathryn Jörgensen, a former KPMG partner, as a managing director in its Nordic business. 

Jörgensen is based at the firm’s Copenhagen office. Her team will work on mergers and acquisitions in the Nordics, as well as help Danish companies with international deals. 

Alvarez & Marsal is a major business consulting firm with more than 10,000 employees worldwide. Over 1,000 of those staffers work at its transaction advisory practice, which is known as Global TAG. The practice helps clients sort out the numerous moving pieces involved in M&A deals. A company can hire Global TAG to perform due diligence, the process of ensuring that everything is in order with a business it plans to buy. Staffers at the practice also help clients with acquisition-related change management, value creation and related tasks.

Global TAG first established a presence in the Nordics about eight years ago, Jörgensen told Boardroom Insight. The practice started out with a single office in Sweden. Today, it has more than 30 financial due diligence professionals in the Nordics. The arrival of Jörgensen marks Global TAG’s official expansion into Denmark. 

The executive is joining Alvarez & Marsal after more than a decade at KPMG. During that time, she helped lead the launch of the Big Four firm’s transaction services business in Denmark. 

“Denmark’s vibrant PE community, together with well-established major corporate clients and strong family offices, makes this location an exciting proposition for future growth for Alvarez & Marsal,” Jörgensen told Boardroom Insight.

The timing of the consultancy’s market expansion is notable. There’s more deal activity in Denmark than a few years ago, which translates into more demand for the kind of M&A advisory services that Alvarez & Marsal provides. “In the Nordics, deal making has been affected by many of the wider global trends over the last years, leading to a certain amount of caution within the investment community and more careful financing considerations,” Jörgensen explained. “However, 2024 overall gave good reason for optimism, with a rebound in the number of transactions in the region from the relatively low 2022 and 2023 levels.” 

“Given global geopolitical uncertainties, including trade tariffs, it is challenging to make predictions for 2025,” she added. “However, the Nordic economies are showing resilience against external pressures, and M&A volumes in the Nordics are increasing.”

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