The Firm is representing AlixPartners, LLP and its largest equityholder, Hellman & Friedman, in connection with its announced recapitalization pursuant to which, funds affiliated with CVC Capital Partners will acquire a majority ownership of AlixPartners. AlixPartners specializes in improving corporate financial and operational performance, executing corporate turnarounds, providing litigation consulting, forensic accounting, and specialized IT services. The transaction is subject to customary closing conditions and is expected to close this summer. Terms of the transaction were not disclosed.
The Simpson Thacher team working on this transaction includes: Rich Capelouto, Atif Azher, Andrew Hecht, Jean Y. Park, Robert Guo and Brian Osimiri (M&A); Katharine Moir and Jason Vollbracht (Tax); Tristan Brown, Jennifer Wolff and Grace Lin (Executive Compensation and Employee Benefits); Brian Steinhardt and Tony Rim (Credit); Steve DeLott (Insurance); Mike Isby (Environmental); and Lori Lesser (Intellectual Property).
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