Per the alliance, Alvarez & Marsal will utilise the secure platform architecture Pactio provides, to help its clients mitigate transaction risk, drive productivity and improve data retention.
Marvin Rust, Managing Director and European Tax Practice Leader at Alvarez & Marsal Tax UK notes: “Pactio’s software is designed to alleviate the common pain points in getting deals completed, such as the preparation of fund flows and tax memoranda.
“Its advanced technology is one of the biggest innovations in deal-making technology and will revolutionise the way we guide clients through the deal close and beyond, delivering a rapid, reliable output that can evolve throughout the investment lifecycle.”
Ernesto Perez, Global Practice Leader of A&M Tax, adds: “For too long, deal-making has relied on established – albeit cumbersome – methods. Our partnership with Pactio brings an end to that and ensures that we are best placed to deliver an unparalleled advisory experience for clients.”
Unpacking Pactio
While a lot of focus tends to be placed on fintechs serving larger banking organisations and financial institutions, it’s nice to shine a light on startups providing solutions to niche areas of the financial landscape.
Pactio is one such company, providing the private equity capital industry – worth a combined US$12tn – with the infrastructure it needs for its digital transformation efforts.
Its partnership with Alvarez & Marsal highlights that the need for digital transformation not just for large financial institutions, but at the private equity firms too.
The partnership, therefore, does not only boost deal execution for private equity deals but also for the industries where private equity deals take place, with fintech among them.
By leveraging Pactio’s controlled tech architecture, private equity investors and their advisers can be supported across the full lifecycle of private investments, streamlining, supercharging and de-risking workflows from exchange through to exit.