Willis Group Holdings, in what it described as part of its “increased focus on delivering in-depth capabilities to high growth markets,” has expanded its International Mergers and Acquisition Practice into Central and Eastern Europe (CEE).
A new team, headquartered in Warsaw, Poland, led by Marius Stolarski ,will manage the new regional practice.
Stolarski recently returned to Warsaw after lengthy assignments with Willis’ German M&A Practice in Frankfurt and its UK M&A Practice in London. During that time he worked on various transactions including a number of projects in the CEE.
Willis said its CEE M&A Practice “will focus on the provision of due diligence, buying and selling side transactional insurance products, portfolio company requirements and services arising from mergers, acquisitions, divestments, reconstruction and formal insolvencies.
“Clients will include private equity firms, investment banks, strategic investors, professional firms and major corporations.
“The new structure will enable Willis’ market-leading global M&A Practice to deliver their vast expertise to local and international investors via the new CEE M&A Practice and Willis’ regional office network.”
Stolarski noted that Willis is a “leading insurance adviser in the private equity world” and indicated he is confident the new unit he’s to lead will “further strengthen the practice group with a CEE presence.” He also pointed to the growing rate of “major investment” that has been planned for the region and the growing number of deals, indicating that Willis sees “a tremendous demand for our risk management services.
“Historically, risk management in CEE was not a priority for investors, but they are rapidly recognizing the value added by our services,” he added.
Alistair Lester, International Practice Leader of Willis M&A, described the new CEE facility as the “latest step in building a global footprint of M&A capabilities supported by Willis’ extensive local office network.” He also noted Stolarski’s “sought-after international M&A training in both Germany and the UK,” indicating that he is “ideally positioned to provide the best-in-class service and advice that Willis’ clients enjoy.”
Source: Willis – www.willis.com