AlixPartners
AlixPartners is a consulting firm best known for its pioneering work in the turnaround space. The firm was founded by Jay Alix in 1982 in order to handle the turnaround of Electrical Specialties Co., and has since grown to a staff of over 900 and office located throughout North America, Europe, and Asia.[1]
The majority of AlixPartners' work is executing turnarounds of distressed companies and acting as a bankruptcy advisor. AlixPartners has been involved in several high-profile turnaround and bankruptcy assignments including GM's Saab division,[2] Kodak,[3] and Barney's New York.[4] The firm's managing directors are frequently cited as topic experts in business publications such as Bloomberg, the Financial Times, CNBC, and Fox Business.
AlixPartners competes in the turnaround and restructuring and bankruptcy spaces with other specialists such as FTI Consulting and Alvarez and Marsal, as well as the turnaround practices of other major consulting firms including McKinsey & Company, the Boston Consulting Group, and Bain & Company. Beyond its turnaround and bankruptcy practices, AlixPartners is also involved in traditional enterprise improvement consulting, financial advisory, and interim management.
[edit] External links
- AlixPartners homepage: http://www.alixpartners.com/en/WhoWeAre.aspx
- Prominent deals that AlixPartners has been involved in, from NY Times Dealbook: http://dealbook.nytimes.com/tag/alixpartners/
[edit] References
- ^ AlixPartners web page: Firm History, http://www.alixpartners.com/en/WhoWeAre/FirmHistory.aspx
- ^ New York Times, "G.M. Hires AlixPartners to Wind Down Saab", Jan. 8, 2009, http://dealbook.nytimes.com/2010/01/08/gm-hires-alixpartners-to-wind-down-saab/
- ^ New York Times, "Kodak Replaces Its Restructuring Chief", Jan 23, 2012, http://dealbook.nytimes.com/2012/01/23/kodak-replaces-its-restructuring-chief/
- ^ New York Times, "Barneys, Debt-Laden, Is Weighing Restructuring", Feb 8, 2012, http://dealbook.nytimes.com/2012/02/08/barneys-debt-laden-is-weighing-restructuring/
