Further to the announcement of 16 February 2015, AlixPartners LLP, the global business-advisory firm, has completed the acquisition of the business and assets of Zolfo Cooper Europe.
This acquisition significantly expands AlixPartners’ UK and continental European practice. Zolfo Cooper Europe brings to AlixPartners its full operation of approximately 200 senior professionals, including 19 Managing Directors, drawn from its distinct but complementary Advisory Services and Restructuring Services practices. Operating from offices in London, Birmingham, Leeds, Manchester, and Glasgow the arrival of the Zolfo Cooper team significantly enhances AlixPartners’ UK and European footprint creating a regional practice of close to 600 people.
The integration of the two businesses continues as planned. Zolfo Cooper Europe has been rebranded AlixPartners effective from 23 February 2015, across all its offices and practice areas.
Pre-eminent global turnaround and restructuring group
Fred Crawford, CEO of AlixPartners, said: “We are delighted to have today completed the purchase of Zolfo Cooper Europe, reinforcing our position as the pre-eminent global turnaround and restructuring group. The mutual attraction between our two firms is based on similarities in culture and commitment, and a common ethos to answer to our clients’ most urgent challenges, finding solutions where none seem to exist. Together, we offer a powerful suite of services to companies that need quick results to protect, preserve, and grow shareholder value.”
“At a time when many companies are facing a challenging future, bringing together Zolfo Cooper Europe and AlixPartners is great news for our clients, creating the largest turnaround and restructuring group in Europe, and expanding the accessibility of our complementary services across the UK in pursuit of helping our clients solve their most critical problems,” added Simon Freakley, previously CEO of Zolfo Cooper Europe.
About AlixPartners
AlixPartners is a leading global business advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business lifecycle. AlixPartners people thrive on the ability to make a difference in high-impact situations and deliver sustainable, bottom-line results. The firm’s expertise covers a wide range of businesses and industries whether they are healthy, challenged, or distressed. Since 1981, the business has taken a unique, small-team, action-oriented approach to helping corporate boards and management, law firms, investment banks and investors respond to critical business issues. AlixPartners’ UK and European offices are located in Birmingham, Glasgow, Leeds, Manchester, London-City, London-West End, Dusseldorf, Milan, Munich, Paris, and Zurich.
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