Alvarez & Marsal secures triple hire for PE unit

The professional services firm has bolstered the ranks of its private equity services practice with the addition of James Ilaria, Matthew Miller and Jeff Shaffer.

Alvarez & Marsal has expanded its global private equity services practice with the addition of managing director James Ilaria in Washington, DC, senior director Matthew Miller in Philadelphia, and senior director Jeff Shaffer in Los Angeles.

Ilaria’s expertise rests in commercial due diligence, value creation planning, market assessment and cost reduction, according to a statement. He joins from business development company Allied Capital where he worked as an interim chief executive officer and operating partner. 

Miller, formerly a managing director at investment banking firm MM Dillon & Company, will provide operational, accounting and finance improvement services to A&M clients.

Joining from public accounting and consulting firm Crowe Horwath, Shaffer will lead diligence projects and IT assessments for private equity firms. 

Among other services, A&M offers its private equity clients due diligence on portfolio company’s operations, financial accounting, exit support and risk management services.