In hopes of turning the corner on COVID in 2021, private equity investors are keen to understand the lingering, and potentially permanent, effects on their portfolio companies. Capital markets participants are adapting their processes in order to address pandemic challenges, which makes it important for investors to stay on the pulse of the rapidly evolving deal environment.
The outlook for M&A activity remains buoyant. While the vaccine roll-out has stoked investor confidence, there’s an acknowledgment that the pandemic’s effects will be felt for years as various sectors of the economy continue to move through phases of recovery. The impact of the pandemic has thrust companies in some industries into survival mode, while others (such as those in the healthcare/life sciences industries) have experienced meaningful growth. In this survey report, we lay out trends and key lessons learned during the pandemic that private equity investors may find insightful as they move forward in recovery.
“The NYPEN Board of Directors is pleased to partner with Alvarez & Marsal to produce this survey which provides insights into COVID-19’s impact on portfolio company performance, negotiations with lenders, as well as new deal pricing and structure in this environment. We hope the results of the survey will inform our members, and the broader PE community, and help them navigate new opportunities in 2021.”
Click here to read the full report.
Alvarez & Marsal's Global Transaction Advisory Group Continues Growth of Senior Talent Roster in U.S.
September 29, 2026
Alvarez & Marsal (A&M), a leading global professional services firm, today announced the appointment of Luka Mimica as a Managing Director within its Global Transaction Advisory Group (Global TAG), based in New York.
Purchase Accounting and ASC 842 Rent: Why “GAAP Rent” Can Change Overnight in Restaurant Deals
September 24, 2026
Lease expense often represents one of the largest operating expenses for restaurant companies. Given its magnitude, it is a key focus of financial due diligence in restaurant transactions. It is important to understand how lease expense could change post-transaction when a company’s existing lease accounting is subject to purchase accounting.
Conversations with Anthony Caporrino: Software Investing and the New Rules of Value Creation
September 15, 2026
In this episode, Alvarez & Marsal Global Transaction Advisory Group Managing Directors and U.S. Technology Industry Group Co-Leaders, Kacey Coles and Sean St. Germain join Anthony Caporrino to discuss how investors are assessing software and technology businesses in an environment shaped by AI, cybersecurity, shifting valuation dynamics, and heightened scrutiny around recurring revenue and scalability.
AI moves from pilot to production across BFSI, but capturing P&L value remains the next frontier I Beams - A&M Report
September 9, 2026
Beams Fintech Fund, in partnership with Alvarez & Marsal (A&M), launch Beyond the AI Pilot: Scaling Value in BFSI, a report examining the evolution of AI adoption across India’s banking, financial services and insurance sector, and the challenge of translating operational impact into sustained economic value.
