Gold Magazine March - April 2013, Issue 24 | Page 58

PROFESSIONAL SERVICES the long road back t o growth A NATURAL GAS WILL P LAY A KEY ROLE By John Vickers, Photo by Jo Michaelides Antonis Vidakis main_story5_vidakis.indd 58 ntonis Vidakis, who leads the Transaction Advisory Services (TAS) team at Ernst & Young in Cypru, has more than 12 years of experience around corporate finance with Ernst & Young and other ‘Big Four’ Audit firms (PWC, KPMG Athens/London) on a wide range of projects related to valuations, fairness opinions, business plans, restructuring and transaction support. He recently spoke to Gold on a variety of issues, ranging from his firm’s TAS services to the boost that the new energy sector will eventually give to the professional services sector and the broader Cyprus economy. Gold: What exactly are the relatively new Transaction Advisory Services that Ernst & Young is offering? Antonis Vidakis: Our Transaction Advisory Services (TAS) team works with organisations to help them take better and more informed decisions about how they strategically manage capital transactions in a changing economic environment. We work with our clients to help them understand the issues, challenges and opportunities around their Capital Agenda in the key four areas of preserving, optimising, raising and investing capital. We offer a unique range of services around valuations and business modelling, operational and financial restructuring, transaction support, transaction tax, NOMAD Services, M&A advisory and project finance. Gold: Are there specific areas you can point to as being those where Ernst & Young and its TAS stands out from its main competitors? A.V.: I think our competitive advantage lies in the fact that we have an integrated 07/03/2013 11:44