Is AlixPartners a Good Firm
Unlikely that anyone on here might have some insight, but decided to post nevertheless. In the context of their RX group, to what extent does Alix get involved in operational control for example, interim management or CRO mandates versus pure advisory work, in high profile cases? What about compared to the competition (A&M and FTI)?
Thanks in advance for any insight.
Background: Distressed PE, considering moving to the consulting side.
AlixPartners is highly regarded in the restructuring (RX) consulting space, particularly for its operational focus. Based on the most helpful WSO content:
Operational Involvement: AlixPartners is known for being more operationally hands-on compared to some of its competitors. They often take on interim management roles, including Chief Restructuring Officer (CRO) mandates, in high-profile cases. This sets them apart from firms that focus more on pure advisory work.
Comparison to A&M and FTI:
Industry Reputation: AlixPartners is particularly well-known for its expertise in industrial and automotive sectors, and its operational approach makes it a strong player in the RX space. This operational focus can be a significant advantage if you're coming from a distressed PE background and are looking for a consulting firm that aligns with your experience.
If you're considering a move to the consulting side, AlixPartners could be a great fit, especially if you're interested in roles that involve deeper operational control and interim management responsibilities.
Sources: Top 5 Restructuring Consulting Firms 2020 (my opinion), How is A&M perceived in the industry?, What is an "operationally hands-on" PE firm?, Thoughts on Restructuring Groups?, Q&A: Mega Fund Associate - Asia Pacific Edition
Podcast with a partner at Alix talking about what they did at Jos. A. Bank: Bloomberg Credit Edge “Trade War is Driving Retailers Nuts, Says Alix’s Etlin.”
Yep, one of the leading RX Consulting firms, alongside FTI and A&M.
Below that, there's Ankura, BRG, M3, and Accordion (RX practice growing, with MDs getting poached from the 3 firms mentioned above).
One of the higher-ups at Centerview RX also came from AlixPartners, so the skill set can definitely translate to RX banking as well.
Found the Accordian analyst.
But in all seriousness, AP is a high caliber firm.
Got it, thank you both for the responses. A follow up, how does compensation look at senior levels for AP vs A&M vs FTI? Additionally, how does travel look & in terms of high profile bankruptcies, does A&M get the lion's share or is it split between the three?
Ut natus delectus vero. Sequi perspiciatis eos sint consectetur nam.
Dolore deserunt ut ducimus qui. Officiis quod cupiditate est. Labore cum voluptas quia consequuntur qui. Officia sint dolor vel itaque eaque dolorem minima. Odit cumque accusamus provident voluptatem excepturi quo aut nihil. Rerum unde numquam sunt vero. Deserunt cum omnis veniam sint rem laborum.
Voluptatem fugit quam hic consequatur repellat id vitae. Quisquam aut eaque sint in soluta. Rerum similique sit sed iure accusantium. Consequatur consectetur et laudantium et et. Voluptas dolorem suscipit iure et. Quo fugiat id ullam et.
Et non laborum distinctio repellendus ut et. Reiciendis aut earum omnis non. Ea explicabo et sit tenetur corporis facere aut reprehenderit. Provident inventore consequatur voluptas. Pariatur pariatur ipsum natus incidunt suscipit veniam omnis consectetur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...