AlixPartners

AlixPartners LLP
Company typePartnership
IndustryManagement consulting
Founded1981; 43 years ago (1981)
FounderJay Alix
HeadquartersNew York City, New York, U.S.
Area served
Global
Key people
Simon Freakley (CEO)[1]
Number of employees
2500+
WebsiteAlixPartners.com

AlixPartners is a financial advisory and global consulting firm best known for its work in the turnaround space.[2][3][4] Jay Alix founded what became AlixPartners LLP in 1981. The firm has advised on some of the largest Chapter 11 reorganizations including General Motors Co., Kmart, and Enron Corp.[5] The firm has since moved into a more traditional consulting space, and grown to a staff of over 1000.[6] AlixPartners is headquartered in New York, and has offices in more than 20 cities around the world.[7] They were also involved in the Bernie Madoff scandal, identifying 13,000 investors affected by the scandal for the prosecuting team.[8]

In 2006, private equity firm Hellman & Friedman invested in AlixPartners.[9] In 2012, CVC Capital Partners acquired AlixPartners from Hellman & Friedman.[10] In 2016, AlixPartners was valued at $2.5 billion.[11]

  1. ^ "Simon Freakley new Chief Executive of AlixPartners". www.consultancy.uk. August 12, 2015.
  2. ^ Merx, Katie. "Thinking Big Thoughts." Crain's Detroit Business 19.36 (2003): 18. Regional Business News. Web. 29 May 2013.
  3. ^ "AlixPartners Company Profile - Bloomberg". www.bloomberg.com. Archived from the original on 2019-05-18. Retrieved 2021-12-17.
  4. ^ Hall, Kalea. "GM, Ford introduce new ways to deal with chip crunch". The Detroit News. Retrieved 2021-12-17.
  5. ^ "When the Going Gets Tough, Turnaround Specialist Jay Alix Gets Busy". 2002-09-23. Retrieved 2019-06-21.
  6. ^ Henderson, Tom. "Alixpartners Deal Gives Equity To Firm's Managers." Crain's Detroit Business 22.32 (2006): 1. Regional Business News. Web. 29 May 2013.
  7. ^ tyost00000. "Chicago-based John Loehr joins AlixPartners as a managing director in automoitve and industrial". chicagotribune.com. Retrieved 2019-06-21.{{cite web}}: CS1 maint: numeric names: authors list (link)
  8. ^ "Dallas investor lost millions in Madoff Ponzi scheme". WZZM13.com. Retrieved 2021-08-05.
  9. ^ "Turnaround Firm AlixPartners Is Sold". DealBook. August 4, 2006.
  10. ^ "M&A: July 2, 2012".
  11. ^ Vemuri, Chitra (2016-11-07). "CVC Sells Stake in AlixPartners to CDPQ, PSP and Investcorp". Wall Street Journal. ISSN 0099-9660. Retrieved 2019-06-21.