What do you think of Alvarez & Marsal sale and AlixPartners selling a minority? Will this change the competitive dynamic between them and MBB/T2s

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Mid market firms struggle in downturns without the diversification of services mix. This is just the beginning.

likefunny

Alix and A&M are both much better positioned for the downturn compared to Big 4 given their supply chain and turnaround depth.

I hadn’t heard they’re selling but they may be trying to time a bad market (where they excel) for max selling price.

Neither are at all mid market. They tend to have marquee clients.

likehelpfulfunny

A&M isn’t selling. Alix sold a slice to PE years ago, it’s just the stake changing hands again.

likesmart

Where is the source for A&M selling?

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I missed the news article on this / can't find it, can you send a link?

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A PE firm owned a part of AP. It’s being kicked around again for sale…that portion.

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Have also not heard anything about A&M, but was under the impression that both the Alvarez and Marsal families still have a significant amount of the partnerships equity. Could be wrong but seems like a PE scenario waiting to happen

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