Western Alliance Bank Names Brad Alvarez to Lead National Business Development for Business Escrow Services and M&A Specialty Services

Move accelerates expansion and growth of M&A escrow and sponsor services

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) today announced the promotion of Brad Alvarez to Managing Director, Business Development and Strategic Partnerships for its national Business Escrow Services Group and M&A specialty services platform. He will lead the national sales team focused on expanding client relationships and driving continued growth across the platform. The move comes as demand grows for specialized escrow and transaction support.

Alvarez, who joined Western Alliance in 2025, is an attorney with deep expertise in private equity, portfolio company operations and mergers and acquisitions. Since joining the bank, he has been instrumental in the strategic growth of the Business Escrow Services Group, combining strong client conversion with a proven ability to scale and lead high performing teams. His insight into transaction execution and complex deal structures has positioned the platform for continued international expansion.

“Brad made an immediate impact with his legal and transactional experience and his ability to connect with clients navigating complex deals,” said Dale Gibbons, Vice Chairman, Chief Banking Officer, Deposits and Innovation, Western Alliance Bank.

In addition to leading business development, Alvarez will continue to play a central role in advancing the bank’s Sponsor Services offering, applying his expertise in sponsor expectations and operational pain points to inform the team’s product development and delivery.

"Brad brings a unique combination of technical expertise and real client credibility in the market,” said Heather Kelly, Senior Managing Director and Head of Business Escrow Services. “He understands how complex transactions come together and how to translate them into consistent results for clients, raising the standard in our space.”

Before joining Western Alliance, Alvarez was Vice President of Legal for Percheron Capital, a high-growth private equity firm specializing in platform investments and roll-up acquisition strategies. Previously, he practiced M&A law at Latham & Watkins, advising strategic acquirers on transactions totaling more than $30 billion. He began his career in the investment banking division at Credit Suisse.

“In today’s competitive M&A environment, clients value speed, clarity and access,” Alvarez said. “We focus on delivering all three by connecting clients with key decision-makers, enabling faster execution and more responsive support than traditional providers, helping them execute complex and international transactions with confidence.”

Western Alliance Business Escrow Services, a national specialty banking group within Western Alliance Bank, is a trusted resource for strategic buyers, top-tier law firms, private equity firms and other stakeholders in mergers, acquisitions, asset purchases and other business escrow transactions. The group tailors paying agent and escrow services related to these complex transactions at every stage of the deal, from pre-closing to post-closing, with a flexible client-first approach. For more information, visit Western Alliance Business Escrow Services.

About Western Alliance Bank

Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies and has ranked as a top U.S. bank by American Banker and Bank Director since 2016. Its primary subsidiary, Western Alliance Bank, is a leading national bank for business that puts customers first, delivering tailored business banking solutions and consumer products backed by outstanding, personalized service and specific expertise in more than 30 industries and sectors. With $90 billion in assets and offices nationwide, Western Alliance excels at helping businesses of all sizes capitalize on their opportunities to solve today and succeed tomorrow. For more information on our offerings, subsidiaries and affiliates, visit Western Alliance Bank, Member FDIC, or follow us on LinkedIn.