Is anyone seeing Alix Partners increasing presence at your clients across industries, or are they just well-established and stable in certain industries?

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No. They are really struggling and likely will sell to a Big 4.

likefunny

Lol.

I’ve heard their cap table is fffff’d

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As long as debt is cheap, no one cares about that

The only time I hear about Alix is when J Alix files another silly lawsuit against McKinsey. I haven’t seen them at a client in years.

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They are trying to grow beyond pure cost cutting and transformation

Nope

They paid a lot of money to hire a bunch of so so consumer partners from us. Wouldn’t be confident that’s a good sign.

It’s both actually

Thanks all. Hadn't seen them except at a couple of accounts over the past decade, and now suddenly hearing of them at several places over the prior year. Was wondering if that's growth or just because of the specific industries.

Answer is probably yes to both - good growth in the traditional consulting business, with centers of gravity in major industry groups. Turnaround and restructuring was light last year - when cash is free, fewer distressed projects.

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