EY Australia has moved to acquire the business of leading Canberra professional services partnership Kazar Slaven.
The acquisition will make EY one of the largest restructuring advisors in Canberra.
EY Transactions Leader Julie Hood said the addition of the Kazar Slaven team to EY, including founding partners Henry Kazar and Michael Slaven, was part of the firm’s strategy to extend its capabilities in corporate restructuring across Australia.
“The acquisition will accelerate expansion of EY’s transaction and restructuring capabilities by further growing our Canberra services to deliver insolvency and business advisory solutions to clients,” Ms Hood said.
“By delivering end-to-end corporate and personal insolvency, turnaround and advisory solutions in the nation’s capital, we will advance our integrated service offerings across Australia – particularly in the banking, corporate, government and public sectors.”
Ms Hood said the acquisition would see EY Australia’s corporate restructuring team grow to more than 70 people nationally.
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