Andersen Global extends Middle East footprint with Alem & Associates

16 January 2018

Andersen Global, an international association of member firms, has significantly extended its reach in the Middle East with the addition of Alem & Associates to its footprint. The new collaborating firm is based in Beirut and has further offices in Dubai and Riyadh.

Since re-launching in 2014, Andersen Global has been on a global growth spree. Today the company, which provides clients with tax and legal advisory services, has more than 2,500 professionals and a presence in over 84 locations worldwide.

To date, the firm’s Middle East wing comprised of a member firm in Egypt, Cairo-based Maher Milad Iskander & Company. In a bid to extend its reach in what is, on the back of immense change in the region, a growing market for professional services, Andersen Global has has entered into a collaboration agreement with the 50-person strong Alem & Associates, of which around 40 are based in the Lebanese capital city.

Commenting on the expansion, Mark Vorsatz, Global Chairman of Andersen Tax, said, “Lebanon, Saudi Arabia, and the United Arab Emirates are key markets as we expand our platform and continue to focus on best-in-class solutions in the Middle East. A firm with the quality of Alem & Associates gives us a strong foothold and puts us in a lead position in the region.”Andersen Global extends Middle East footprint  with Beirut headquartered Alem & Associates

Established in the 50’s, Alem & Associates has grown to become one the Middle East’s most prestigious professional services firms, combining expertise with a blend of knowledge of the local culture. The company, which provides a range of law and tax services, spanning international law, litigation, tax planning, employment & social security and intellectual property, among others, was last year named a top law firm by Chambers Global in all practices considered,* with four of the firm’s partners individually ranked in their field of expertise by the global law analyst company. 

Among Alem & Associates’ partners are Rola Tabsch Jaroudi (Head of the Beirut office), Jade Al Araoui (Head of the Dubai office), Omar El Assir (head of the Riyadh office). The firm’s most well-known partner however is Mohamed Alem, who is described by sources speaking to Chambers Global as “a sophisticated, knowledgeable and proficient advisor with a highly impressive track record of cross-border arbitrations”. The Lebanese national founded the law firm in 1953 and has led the firm since, in more recent years alongside his role as Chair of the Boards of the Lebanese Centre for Policy Studies and the Lebanese Branch of the Chartered Institute of Arbitrators.

Vorsatz remarked that he looks forward to working with Alem (“he is one of the top lawyers in Lebanon”) and his team, adding “he will play a strong leadership role in establishing our practice in the Middle East.”Mohamed Alam, Rola Tabsch Jaroudi, Jade Al Araoui, Omar El AssirSpeaking about the alliance with Andersen Global, Alem said, “Providing a tailor-made approach to the needs of our clients and the best legal solutions possible are our top priorities. Working with professionals that share this mindset is very important to us. Our collaboration with Andersen Global will yield great benefits, as we will be able to deliver a combination of tax and legal services that are not confined geographically.”

Andersen Global’s expansion deeper into the Middle East comes just months after the international association of member firms debuted the Andersen name in Ireland, Turkey, Canada, and Israel. In 2017, Andersen Global also admitted new member and collaborating firms in Brazil, Uruguay, Germany, Italy, Spain, Greece, Cyprus, Canada, Ecuador and three African countries.

Meanwhile in the region, Kreston, a rival professional services network, last month expanded its presence in Palestine with the addition of Gaza-based Kanaan Firm, while in the fourth quarter of last year the French-origin advisory group Accuracy expanded into the Middle East with the opening of an office in Dubai.

* Alem & Associates’ full list of practices: corporate law, tax, mergers & acquisitions, real estate and construction, capital markets, employment & social security, banking & finance, energy and environment, aviation, intellectual property, franchising, technology, media and entertainment, defence, government investigations, litigation and international arbitration.

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Global strategy consultancy CVA launches first Middle East office in Dubai

10 April 2019

The boutique global strategy consultancy Corporate Value Associates has launched an office in Dubai – to be led by 20-year consulting veteran Olivier Staub.

Global strategy consulting firm Corporate Value Associates (CVA) has launched its first Middle East office in Dubai, adding to its existing network of 17 offices across Europe, the US and Asia Pacific. The new office will be led by Olivier Staub, a strategy consulting veteran with over 20 years of international consulting and business development experience – the last 14 of those based out of Dubai.

Established in 1987, CVA has grown to a team of more than 250 advisors worldwide, serving  clients with strategy needs across multiple sectors, including energy & utilities, financial services, mining & materials, TMT, transportation and defence. Recently, the consultancy was named by Decideurs Magazine as among the top strategy consulting firms to the industrials segment in France.

The launch of its first Middle East office is a significant step for CVA, which places a particular emphasis on its global network. “We ensure that learnings from work in one country are quickly disseminated to others – best practices are transferred not just between industry practices, but also across geographies. Global staffing and training guarantee there is one global standard: the CVA standard,” the firm states.Global strategy consultancy CVA launches first Middle East office in DubaiJoined by CVA founder Paul-Andre Rabate and Paris-based partner Carole Ott for its inauguration, Staub will head up the Dubai office after a brief stint at fellow boutique consultancy Emerton, before which he served for four years as a partner with local strategy firm Novo Management Partners. Earlier in his career, Staub spent seven years with Oliver Wyman, and initially started out as a consultant with Deloitte in Paris.

Over the course of his career, Staub has amassed experience in over 20 countries in Europe, the Middle East, Africa and Asia, with functional expertise in corporate and growth strategy, M&A and due diligence, turnaround programmes and programme management, organisational design, and corporate governance among other areas. He also co-founded e-commerce company Neodirect in Paris, serving as its business development director for three years.

Staub joins Sami Grouz in the broader MENA region, who has led the firm’s Casablanca office since the middle of last year, and will be supported in the new UAE venture by Thomas Fabbes, an Oxford graduate in Materials Science who has been with CVA’s London office since September. According to the firm, its junior consultants are ‘hand-picked’ from the only the top universities and schools around the world – with the firm currently in the middle of a recruitment drive.

CVA founder and Managing Partner Paul-Andre Rabate himself received a doctoral degree in Business Economics from Harvard University, joining BCG in 1978 before co-founding strategy consultancy Mars & Company in France the following year prior to establishing CVA. “CVA has always been a global boutique and this new office opens the door to exciting challenges in the Middle-East,” the firm stated on LinkedIn. “Olivier, we wish you the best of luck in this central region.”