Sherwood Partners announced the launch of Sherwood Advisory Services, a new advisory group that leverages the strength of Sherwood Partners’ platform to deliver tailored turnaround and restructuring solutions to middle market companies. Sherwood...
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September 27, 2023, 07:34 AM
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Instant Brands, maker of consumer favorites like Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery®, announced that it is taking steps to strengthen the Company as it continues providing housewares and appliance...
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June 13, 2023, 07:59 AM
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AlixPartners entered into an agreement to acquire leading independent restructuring practice THM Partners LLP (THM). The proposed transaction will see THM’s 40 Partners and staff located in the UK, Germany, and Singapore joining AlixPartners’...
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February 17, 2023, 07:37 AM
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AlixPartners announced that Justin MacFarlane has rejoined the firm, as a Partner and Managing Director in its global retail practice. He will work from AlixPartners’ New York office.MacFarlane brings nearly three decades of experience in...
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January 25, 2023, 07:17 AM
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AlixPartners announced that Scott Pinsonnault has joined as a Partner & Managing Director. Pinsonnault brings deep experience to all stakeholders in the energy industry as an advisor, in the c-suite, as an investment professional, and a technical...
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January 17, 2023, 07:50 AM
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AlixPartners announced the appointment of Dan Ritter as Chief Financial Officer, leading the firm’s finance functions globally. Ritter becomes a member of AlixPartners’ senior management team and reports to the firm’s Chief Executive Officer, Simon...
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August 23, 2022, 08:00 AM
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AlixPartners announced that Bernardo Silva has joined as a Managing Director in its Consumer Products Practice. He is based in the firm’s Chicago office. An expert in guiding the growth and transformation of a variety of consumer-facing companies...
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March 23, 2022, 07:00 AM
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AlixPartners announced that Bridget McVerry has joined as a Managing Director. Based in the firm’s Los Angeles office, she brings 25 years of experience to the firm’s Energy and Process Industries Practice. An expert in guiding the growth and...
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February 09, 2022, 07:51 AM
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AlixPartners announced the promotion of 15 individuals to the role of Managing Director, effective January 1, 2022.Simon Freakley, CEO of AlixPartners, said, "I am delighted to congratulate our newly promoted Managing Directors whose inspiring...
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January 10, 2022, 07:05 AM
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AlixPartners announced its intended acquisition of management consulting firm Galt & Company, which specializes in helping management achieve and sustain superior growth in shareholder value. Galt & Company has been associated with some of the more...
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November 15, 2021, 07:40 AM
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AlixPartners announced that Ankur Desai has joined as a Managing Director in the firm’s Retail Digital practice, based in New York.Ankur has nearly two decades of experience implementing digital business transformation programs across medium and...
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November 11, 2021, 06:00 AM
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AlixPartners announced that Sanjay Verma has joined as a Managing Director in the firm’s Digital practice, based in San Francisco.Verma brings deep expertise in digital transformations enabled by cloud solutions and AI, with specialization in the TMT...
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September 28, 2021, 07:15 AM
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AlixPartners announced that Irfan Bidiwala, a seasoned expert in the energy and a wide range of industrial sectors has joined as a Managing Director. He will be based in AlixPartners’ Houston office. Irfan brings extensive experience in unlocking...
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September 14, 2021, 07:30 AM
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AlixPartners announced Eric Nelsen, a seasoned expert in the oil & gas industry and in industrial revenue and growth areas in several industries, has joined as a Managing Director. He will be based in AlixPartners’ Houston office. During his more...
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August 17, 2021, 07:14 AM
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Rendering financial advisory services in the business turnaround, restructuring and bankruptcy practice areas requires both special knowledge and extensive relevant experience. In 1992, the AIRA established the Certified Insolvency and Restructuring...
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July 15, 2021, 07:30 AM
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AlixPartners announced that Adam Fless has rejoined as a Managing Director in the firm’s New York office. Adam brings over 20 years of performance improvement experience from both the impact-focused consulting and private equity worlds. He will focus...
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January 27, 2021, 07:00 AM
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AlixPartners announced that Dr. Karsten Lafrenz has joined as a Managing Director. He will focus on developing and delivering business transformation strategies for the firm’s turnaround and restructuring clients in Germany, Austria, and Switzerland...
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January 12, 2021, 06:00 AM
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AlixPartners announced the promotion of 12 individuals to the role of Managing Director, effective January 1, 2021.Simon Freakley, Chief Executive Officer of AlixPartners, said, "These promotions recognize the inspiring leadership and contributions...
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January 08, 2021, 08:15 AM
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Tuesday Morning and certain of its subsidiaries announced that the U.S. Bankruptcy Court for the Northern District of Texas has confirmed the Company’s Plan of Reorganization (the “Plan”). As a result, Tuesday Morning expects to successfully emerge...
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December 24, 2020, 08:15 AM
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AlixPartners announced that Elizabeth Stephenson, a seasoned C-suite executive with comprehensive experience leading global businesses and consumer brands through periods of transition, has joined as a Managing Director. She will be based in Los...
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November 03, 2020, 08:10 AM
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AlixPartners, the global consulting firm, announced that Chudozie Okongwu, PhD has joined the firm as a Managing Director in its Investigations, Disputes & Risk practice. He is working from AlixPartners’ London and New York offices.Dr Okongwu...
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August 05, 2020, 08:40 AM
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AlixPartners, the global consulting firm, announced that Brian Kalms has joined as a Managing Director. Brian will focus on helping retail clients achieve business transformation through strategic technology innovation.Brian, who will be based in...
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July 17, 2020, 09:00 AM
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AlixPartners, the global consulting firm, announced that Peter D. Fitzsimmons has rejoined the company as a Managing Director. Peter has more than 30 years’ experience in client-focused leadership roles with companies of all sizes and across a wide...
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May 07, 2020, 09:20 AM
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AlixPartners, the global consulting firm, announced that consumer products and digital expert Rob DeNardo has joined as a Managing Director in the firm’s worldwide consumer products practice. He will be based in AlixPartners’ Chicago office.Rob...
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March 17, 2020, 08:55 AM
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AlixPartners, the global consulting firm, announced that energy industry expert Oleg Mikhailov has joined as a Managing Director and one of the key leaders in the firm’s worldwide energy and process industries practice. He will be based in...
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February 03, 2020, 08:30 AM
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AlixPartners, the global consulting firm, announced today that Tom Scampion has joined as a Managing Director. Tom joins the firm’s EMEA Investigations & Compliance Services team. He will be based in AlixPartners’ London office, and together with...
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January 13, 2020, 09:00 AM
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AlixPartners, the global consulting firm, announced that life sciences expert Frank Scholz has joined as a managing director and one of the key leaders in the firm’s global Healthcare and Life Sciences practice, focusing on helping lead efforts in...
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November 21, 2019, 08:35 AM
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AlixPartners, the global consulting firm, announced that two of its consultants have been recognized by the Turnaround Management Association (TMA) for its distinguished “Turnaround and Transaction of the Year” awards, to be presented at the TMA’s...
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September 26, 2019, 08:50 AM
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AlixPartners, the global consulting firm, announced that Elton Ndoma-Ogar has joined the firm as Director of Diversity & Inclusion (D&I) for the Americas and Asia, a newly-created role.Elton joins the firm’s D&I Center of Excellence to play a key...
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September 19, 2019, 08:00 AM
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Purdue Pharma L.P., maker of the drug OxyContin, announced that it has reached an agreement in principle on a framework for settling the U.S. opioid litigation facing the Company with 24 state attorneys general, analogous officials from 5 U.S....
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September 16, 2019, 09:00 AM
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AlixPartners, the global consulting firm, announced that consumer products expert Randy Burt has joined as a Managing Director and one of the key leaders in the firm’s global Consumer Products practice. He will be based in AlixPartners’ Chicago...
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September 16, 2019, 08:55 AM
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AlixPartners, a global consulting firm, announced today that growth and operations expert George Bene has joined as a Managing Director in the firm’s global revenue and growth practice. He will work from AlixPartners’ Boston office.George joins...
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August 19, 2019, 09:00 AM
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AlixPartners, a global consulting firm, announced that Stephen Dyer has joined as a Managing Director in the firm’s Shanghai office. He will focus on helping Chinese companies develop growth strategies and transformation programs across industries...
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June 14, 2019, 08:40 AM
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AlixPartners, the global consulting firm, announced that Tim Roberts has joined as a Managing Director in the firm’s Digital practice. Roberts is based in London and will focus on advising clients globally, with a special focus on the financial...
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June 03, 2019, 08:55 AM
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Even though to date the economy remains relatively strong, the chain-restaurant industry in the year ahead faces a consumer base that is starting to show signs of possible fatigue plus multidimensional labor issues made even more complex by the...
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May 14, 2019, 09:10 AM
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AlixPartners, the global consulting firm, announced that energy-industry expert Vance Scott has joined as a Managing Director and one of the key leaders in the firm’s global Energy and Process Industries practice. He will work from AlixPartners’...
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May 07, 2019, 09:15 AM
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AlixPartners, the global consulting firm, announced that retail and consumer-experience expert Adam Pressman has joined the firm’s Retail Practice as a Managing Director. He will work from AlixPartners’ Chicago office.
Pressman brings nearly two...
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January 25, 2019, 07:07 AM
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Advisory firm AlixPartners released its annual outlook for the retail sector for 2019. In a statement accompanying the report the company said:
"The consumer has never been more important, or opinionated, than now. Not only are there unending buying...
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January 23, 2019, 08:00 AM
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American Tire Distributors, Inc. ("ATD" or the "Company") announced that the United States Bankruptcy Court for the District of Delaware ("the Court") has confirmed the Company's Plan of Reorganization (the "Plan"). The Company expects to complete...
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December 20, 2018, 08:05 AM
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AlixPartners announced that corporate and financial investigations specialist Gavin Williamson has joined the firm as a Managing Director in its Investigations, Disputes & Risk practice. He is based in AlixPartners’ London office.
Williamson...
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November 20, 2018, 07:08 AM
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AlixPartners, a global consulting firm, completed the acquisition of independent financial advisory and interim management firm Zolfo Cooper.
This transaction was announced on September 27, 2018.
All of Zolfo Cooper’s managing directors and staff...
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November 02, 2018, 07:23 AM
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AlixPartners, a global consulting firm, announced that transformation expert Jim Takach has joined the firm as a Managing Director in its Technology, Media & Telecommunications (TMT) practice. He will be based in AlixPartners’ Los Angeles...
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October 30, 2018, 07:16 AM
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AlixPartners, the global consulting firm, announced it has entered into an agreement to acquire independent financial advisory and interim management firm Zolfo Cooper. The proposed transaction follows AlixPartners’ successful acquisition of Zolfo...
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September 28, 2018, 08:00 AM
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AlixPartners, the global consulting firm, announced that payments and financial technology industry expert Mark Flamme has joined the firm as a Managing Director in its Enterprise Improvement group where he will work closely with the Financial...
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September 25, 2018, 07:47 AM
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Attorneys for consulting giant McKinsey & Co. are asking a federal judge to dismiss what they say is a baseless lawsuit against the firm filed by one of its largest competitors. As ABL Advisor reported in May, Jay Alix, founder of the turnaround...
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August 06, 2018, 08:00 AM
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AlixPartners, the global consulting firm, announced that Greg Donat, a 20-plus-year strategy and financial veteran with deep roots in hedge funds and other private-capital sectors and who earlier in his career was a corporate attorney, has joined the...
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June 21, 2018, 07:58 AM
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AlixPartners, the global consulting firm, announced that Donald J. Schneider joins as its Chief People Officer, a new position at the firm.
In this role, Schneider will lead AlixPartners’ global people functions, including recruitment, compensation...
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May 18, 2018, 07:04 AM
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Jay Alix, the founder of one of the world's largest turnaround firms, AlixPartners, is accusing one of his company’s main competitors of engaging in unfair business practices and multiple criminal violations that resulted in significant losses to his...
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May 11, 2018, 08:02 AM
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Despite last year being hectic for the restructuring industry, including being the year of the so-called “retail apocalypse,” look for 2018 to be perhaps even busier, with possible continued distress in retail, increased activity in healthcare...
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January 19, 2018, 07:34 AM
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AlixPartners, the global consulting firm, announced the appointment of Richard Lee as a managing director in the firm’s Financial Advisory Services practice. He will work from the firm’s Dallas office.Lee has deep experience in valuations...
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November 21, 2017, 07:28 AM
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AlixPartners, the global advisory firm, announced that it recently completed the successful financial restructuring of Ocean Rig UDW and certain of its subsidiaries.Ocean Rig is an international offshore drilling contractor providing oilfield...
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October 05, 2017, 07:00 AM
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Tidewater Inc. announced that it and certain of its subsidiaries have filed voluntary petitions under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware to pursue a prepackaged plan of...
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May 18, 2017, 07:17 AM
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Debt collection agency SquareTwo Financial Services announced it reached an agreement with Resurgent Holdings LLC under which Resurgent or one or more of its subsidiaries or affiliates will acquire substantially all of SquareTwo’s portfolio of assets...
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March 20, 2017, 07:11 AM
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AlixPartners, the global business advisory firm, announced 24 promotions to Managing Director. Simon Freakley, Chief Executive Officer at AlixPartners, said: "I am delighted to announce the promotion of 24 of our high performing Directors to Managing...
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February 10, 2017, 08:00 AM
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AlixPartners announced it has expanded its internationally renowned Turnaround & Restructuring Services practice via an affiliation with a leading Caribbean practice. The affiliation, which will operate under the AlixPartners brand, brings a team of...
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December 01, 2016, 07:39 AM
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AlixPartners, the global business advisory firm, announced the appointment of Rick Peters as Managing Director in the Turnaround and Restructuring practice.Peters will be based in the firm’s newly opened Houston office. He will further enhance the...
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October 11, 2016, 07:51 AM
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AlixPartners, the global business advisory firm,announces the appointment of David Hindman as a new Managing Director in the Turnaround and Restructuring team based in the firm’s new Houston office.In this role, Hindman will work closely with clients...
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September 28, 2016, 07:35 AM
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AlixPartners, the global business-advisory firm, announced the opening of an office in Houston, Texas. This is AlixPartners’ 25th office worldwide, and its ninth in the US, and is an important milestone in the firm’s global growth...
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September 16, 2016, 07:52 AM
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Molycorp, Inc., a global producer of advanced rare earth and rare metal based engineered materials used in many electronic, transportation, industrial and clean energy applications, announced that its Fourth Joint Amended Plan of Reorganization...
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April 04, 2016, 07:36 AM
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Aspect Software announced that it is taking strategic action to facilitate its long-term growth, product innovations and ongoing pivot towards becoming the industry’s leading cloud-based provider. The company has entered into a pre-arranged agreement...
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March 10, 2016, 07:25 AM
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AlixPartners, the global business advisory firm, announced the promotions of twelve directors to the position of Managing Director. The appointments were effective January 1, 2016."I am pleased to announce these twelve individuals as AlixPartners'...
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January 21, 2016, 07:39 AM
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AlixPartners, the global advisory firm, announced that Simon Freakley has been appointed Co-CEO alongside the current CEO Fred Crawford. They will work together in this role until 1 January 2016 at which time Simon Freakley will become sole CEO of...
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August 03, 2015, 08:07 AM
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Molycorp, Inc. moved forward with its Chapter 11 process and received Court approval for an improved debtor-in-possession (DIP) financing package provided by Oaktree Capital Management LP. The approved DIP facility of new net financing of $130...
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July 23, 2015, 07:58 AM
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AlixPartners released its Ninth Annual North American Restructuring Experts Survey and 2015 Outlook. Restructuring experts from across the US believe that following a cyclical decline in Chapter 11 business filings in recent years, the cycle may have...
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March 11, 2015, 07:13 AM
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The M&A Advisor is proud to announce that Peter S. Kaufman, President and Head of Restructuring and Distressed M&A at Gordian Group, Randall S. Eisenberg, Managing Director and Co-Head of the Turnaround & Restructuring Services practice at...
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February 23, 2015, 07:23 AM
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AlixPartners LLP, the global business-advisory firm, confirmed that it has entered into an agreement to acquire the business and assets of Zolfo Cooper Europe. This exciting acquisition will significantly expand AlixPartners’ UK and continental...
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February 17, 2015, 07:46 AM
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Caesars Entertainment Operating Company, a subsidiary of Caesars Entertainment Corporation ("Caesars Entertainment") announced that it is moving forward to implement its previously announced financial restructuring plan. The plan, which has received...
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January 15, 2015, 08:06 AM
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Leading global professional services firm Alvarez & Marsal (A&M) has added media industry veteran Peter Cosco to its Performance Improvement practice, further enhancing the firm’s expertise in the media, entertainment and sports sectors. He joins as...
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October 21, 2014, 07:13 AM
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AlixPartners, the global business-advisory firm, announced that Fernando Oliveros has joined the firm's Enterprise Improvement group as a managing director. Oliveros brings deep international experience in the telecommunications, media and technology...
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October 17, 2014, 07:23 AM
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Upwelling Capital Group announced it has hired Robert Rakowski as a principal of the firm. Rakowski brings more than 20 years of financial industry experience to support Upwelling’s core offerings of legacy portfolio solutions, asset management, and...
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October 17, 2013, 07:03 AM
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AlixPartners, the global business advisory firm, confirmed it has been retained by Standard Register, headquartered in Dayton, OH, to perform integration support in Standard Register's acquisition of WorkflowOne, LLC.This work, which has already...
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August 05, 2013, 07:14 AM
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AlixPartners announced that Dennis Cassidy has joined as a managing director and co-lead of the firm's Energy Practice. Cassidy, who has more than 20 years of industry and consulting experience leading strategy-based transformation, growth and profit...
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June 03, 2013, 07:14 AM
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The Scooter Store announced that it will move to transform its business model through the sale of substantially all of its assets under section 363 of the United States Bankruptcy Code. As part of these efforts, the company commenced a voluntary...
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April 16, 2013, 07:25 AM
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AlixPartners announced that James A. "Jim" Mesterharm has been promoted to co-lead the firm's Turnaround & Restructuring Services (TRS) unit in the Americas. Mesterharm, who is also a managing director at AlixPartners, is deeply experienced in...
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April 09, 2013, 07:26 AM
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Tower Three Partners announced that Peter Fitzsimmons has joined the firm as a managing director. Fitzsimmons was most recently president of North America and co-head of the North American Turnaround and Restructuring Services group for AlixPartners...
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April 08, 2013, 07:31 AM
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AlixPartners, the global business-advisory firm, today announced that Brian P. Major has joined as a managing director in the firm's Enterprise Improvement unit. Major, who will be based in Chicago, joins AlixPartners from McKinsey & Co., and brings...
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February 11, 2013, 07:04 AM
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AlixPartners, the global business-advisory firm, announced that technology and information management services expert Seth D. Rosensweig has joined the firm as a managing director in AlixPartners' IT & Applied Analytics Practice. Rosensweig, who is...
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February 08, 2013, 07:20 AM
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AlixPartners, a global business-advisory firm, announced a major commitment to and expansion of its advisory service offerings to underperforming companies and their constituents with the addition of Randall S. Eisenberg, a veteran practitioner with...
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January 16, 2013, 07:52 AM
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