Alvarez & Marsal Technology Asset Management Services Adds Equipment Lease Management Advisory Services to Capabilities Suite.

John Kirk and Jonathan Nykvist Join Boston Office; Will Help Clients Proactively Manage Equipment Leases

BOSTON -- Alvarez & Marsal Technology Asset Management Services, LLC, an affiliate of the leading independent global professional services firm Alvarez & Marsal (A&M), announced it has added Equipment Lease Management Advisory Services, which reduce the cost of financing technology assets, to its suite of capabilities. Based in Boston, John Kirk and Jonathan Nykvist have joined as senior director and manager, respectively, to spearhead the service offering.

Equipment Lease Management Advisory Services include: end-of-lease buyout negotiations; RFP development and go-to-market services; asset and document management process improvement and technology portfolio restructuring.

"Leases can be an excellent source of financing for any type of asset used by a company - from a blackberry to a corporate jet - but can also come with hidden expenses," said Mr. Kirk. "To avoid being surprised by the all-in cost of leasing, companies need to take a proactive approach and get beyond the rate, understand risks and better manage the lease lifecycle from structuring deals up front to negotiating costs at the end of the lease term."

"John and Jonathan have helped organizations across a range of industries to take a proactive approach to managing equipment leases," said Charlie Hendrickson, CEO of A&M Technology Asset Management Services. "They, and A&M's team of world-class professionals, can help organizations do so in a way that will improve the overall financial and operational performance of the organization."

Prior to joining A&M, Mr. Kirk was a managing partner, and Mr. Nykvist was a vice president, with Boston-based lease analysis and advisory firm, American River Partners. While with American River Partners, they worked with companies such as American Red Cross, PetsMART, Inc. and Horizon Blue Cross Blue Shield.

Mr. Kirk has been a pioneer in developing a data analysis-driven approach to equipment finance program design, management and performance measurement. He earned a bachelor's degree in English from Dartmouth College in Hanover, New Hampshire, and a master's degree in management from the Kellogg Graduate School of Management at Northwestern University in Evanston, Illinois, where he focused on management, marketing and finance. Mr. Kirk is active in the Association of Finance Professionals (AFP) and has presented at various Treasury Management Association events in the U.S.

With nearly a decade of experience in the equipment finance business, Mr. Nykvist has reviewed, advised and financed transactions for numerous Fortune 500 organizations. He earned a bachelor's degree in economics from Colby College in Waterville, Maine, and a master's degree in business administration, with concentrations in management consulting and entrepreneurship, from the Olin School of Business at Babson College in Wellesley, Massachusetts. He is active in the AFP and its many Treasury Management groups across the country.

For more information on John Kirk, visit www.alvarezandmarsal.com/kirk.

Alvarez & Marsal

For 25 years, Alvarez & Marsal (A&M) has set the standard in working with organizations to solve complex problems, boost performance and maximize value for stakeholders. With its roots in operational and financial restructuring, A&M today is one of the leading independent, global professional services firms that brings a bias towards action and results whether serving as advisors or in interim management roles. From nearly forty locations around the world, A&M professionals serve large and midsize businesses and their stakeholders in need of improving or enhancing operating and financial performance.

Alvarez & Marsal Technology Asset Management Services, LLC, an A&M affiliate, delivers financial and operational solutions that achieve measurable cost savings opportunities within current technology budgets. Building on the firm's operational heritage and hands-on approach, A&M Technology Asset Management professionals assist private and public sector entities in developing and implementing custom technology-related business solutions. Services include: ITAM Assessment Advisory; Auto Discovery Advisory; Equipment Lease Management Advisory; Software Compliance Advisory; Interim IT Asset Management and IT Assets Under Management.

For more information, visit www.alvarezandmarsal.com/tams or www.alvarezandmarsal.com.