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Investcorp, the global provider and manager of alternative investment products, has announced it has completed the purchase of an unspecified stake in AlixPartners. Investcorp acquired its stake alongside a consortium of investors including Jay Alix, the original founder of AlixPartners. The news was already known since last november but is now official.

Founded in 1981 the firms has more than $1 billion in revenues, and employs 1,600 staff across 27 offices. Commenting on the deal, Johannes Glas managing director, Investcorp, said, “AlixPartners is one of the leading names in the consulting world. With a highly experienced team in place, we are confident that AlixPartners will be able to grow further in terms of geographical reach.” Simon Freakley, CEO AlixPartners, added: “We are delighted to welcome Investcorp and our other new strategic investors. Their commitment will allow us to continue to grow our business and best serve our clients.”

johannes glas

Source : www.thepeninsulaqatar.com

Peter Crush for Consultor.news

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