- 14 November 2016
- Lu : 1912 fois
Jay Alix has teamed up with three large investors to buyout the majority stake in the business he first founded in 1981. Together with two Canadian pension fund managers (Caisse de dépôt et placement du Québec and Public Sector Pension Investment Board) as well as Investcorp Group, he has bought out the stake held by private equity firm, CVC Partners. It is thought the value of the deal is worth $2.5 billion. Under the provisions of the buyout, AlixPartners' managing directors will maintain a "significant stake" in the firm. AlixPartners CEO Simon Freakley said: "We are very grateful to CVC, who shared our vision and played an integral role in the firm’s growth over the last four and a half years."