Private Equity

Advent eyes professional services push with hire of former EY boss

Carmine Di Sibio will help the private equity giant to source new deals in the business and financial services space

Monday 30 September 2024 at 14:21

Di Sibio announced he would retire from EY last June after spearheading an ambitious plan to split the audit business from its consulting arm
Di Sibio announced he would retire from EY last June after spearheading an ambitious plan to split the audit business from its consulting arm Photo: NurPhoto via Getty Images

Advent International has appointed the former boss of EY as an operating partner.

The Big Four firm’s ex-global chair and chief executive Carmine Di Sibio will help the private equity giant identify, source and execute new deals in the business and financial services space as well as work on its current portfolio.