The Firm is representing Caisse de dépôt et placement du Québec (“CDPQ”) as part of a consortium to acquire ownership stakes in AlixPartners from CVC Capital Partners. The new ownership structure will include CDPQ, Public Sector Pension Investment Board and Investcorp Group, together with founder and current shareholder Jay Alix. The transaction values AlixPartners at more than $2.5 billion.
Founded in 1981, AlixPartners, a global consulting firm, works with clients to help them restore, grow and create sustainable value in high-impact situations. Its services comprise performance improvement; turnaround and restructuring; investigations, disputes and risk; digital transformation; and transformative leadership.
The Simpson Thacher team includes Ryerson Symons, Michael Holick, Wenli Cai and Jeff Levine (M&A); Gary Mandel, Sophie Staples and John Torrenti (Tax); Brian Robbins, Larry Moss, Alisa Tschorke, Monisha Bhayana and Christopher Scavone (Executive Compensation and Employee Benefits); Brian Steinhardt and Katherine Chen (Credit); Joyce Xu, Shimeng Cheng and Yu Mizutani (Derivatives); Michael Naughton and Ellen Frye (Antitrust); Steve DeLott (Insurance); Tim Mulvihill (Environmental); and Linda Nyberg (Intellectual Property).