Bill Stoffel has been named EY’s Global Private Equity Practice Leader. Stoffel, who previously led the private equity practice in the United States for five years, is based in the New York office of the accounting and consulting firm.
Stoffel succeeds Andres Saenz, who has been an industry leader since 2018. Saenz then becomes EY’s Global Vice President for Industry.
As a global leader in private equity (PE), Stoffel will lead strategic priorities and solutions for practice, including environmental, social and governance (ESG) and digital solutions.
“The private equity industry is being reshaped by a multitude of trends that will determine how businesses operate tomorrow,” Saenz said. “I am confident that Bill’s leadership ability, commitment, knowledge and extensive experience in the PE industry will enhance the value EY teams will bring to PE companies and their portfolio companies across the board. world.
Stoffel has been a partner of EY US since 2003. A leading expert in transactions and private equity, Stoffel has conducted more than 500 transactions with valuations ranging from $ 25 million to $ 6 billion. He has provided mergers and acquisitions, corporate finance, due diligence and portfolio performance analysis support for industries such as technology, telecommunications, financial services, manufacturing and products. chemical.
As America’s leader in PE for the past five years, Stoffel has focused on creating an enterprise-wide service delivery model for PE funds and portfolio companies. Prior to that, he held the position of Head of Transaction Due Diligence for the Eastern US region.
Stoffel holds an MBA in Finance from Seton Hall University and a BS in Accounting from the University of Scranton.
“PE is a relatively young industry; however, it has reached a stage of maturity that requires its stakeholders to reassess its long-term strategy and consolidate its position as a contributor and accelerator to our global economy, ”said Stoffel. “The thriving global private equity landscape and soaring valuations in the US and Europe are pushing PE funds to seek opportunities that offer both growth and stability in less mature markets. markets. “
EY’s PE practice provides advice on creating deals, creating value, preparing for exit, automating business processes and going digital.
EY’s global business network has more than 300,000 people in more than 150 countries.