New York – Alantra, the leading global mid-market financial services firm, has strengthened its U.S. operations with the hire of Michael Poerschke as a Partner. Based in New York City, Michael will focus on the global Consumer Goods & Retail, Agriculture, and Specialty Ingredients sectors.
Michael brings over 16 years of M&A experience, having completed acquisitions, divestitures, asset swaps, strategic reviews, reorganizations, capital raisings, refinancings, and fairness opinions, totaling more than $100bn in transaction volume. Before joining Alantra, he was a Managing Director at Rothschild & Co, where he led the firm’s Consumer Ingredients coverage for North America within the Global Financial Advisory Group.
Michael’s appointment in New York City is the sixth senior hire in the past 12 months, underlining Alantra’s ambitions to gaining further scale across its core sectors, which are Consumer, Industrials, Healthcare, and Technology. The Alantra team in the U.S. is composed of c. 50 bankers across its New York City and Boston offices.
In the last 12 months, Alantra’s global Consumer team, has completed 18 transactions worth over $2.2bn across the U.S., France, Germany, UK, Spain, Italy, and the Nordics. Notable deals include Alantra advising Vandemoortele, a leading European family-owned food group, on the acquisition of Banneton Bakery, the shareholders of UST LLC, a U.S.-based contract manufacturer of VMS products, on its sale to Somafina, and CedarBridge Capital Partners on its successful exit from The Grooming Company Holding, a premier provider of salon and beauty services in the UAE, to Omorfia Group, the beauty anchor majority owned by Multiply Group, the Abu Dhabi-based investment holding company.