AlixPartners, LLP

Financial facelift

AlixPartners is an international business advisory firm that has made its name and earned its reputation through its work in the corporate turnaround and restructuring industry.  Although it can provide other services, the firm's four main business functions are enterprise improvement, turnaround and restructuring, litigation consulting and financial advisory services, and information management services.  AlixPartners is most known for its services aimed at reversing the fortunes of struggling companies, but it also offers nip-and-tuck and growth services, such as performance improvement and strategic consulting services, for companies that are not in financial straits but may still be looking to improve operations.  Operating globally out of offices in the United States, Europe and Asia, AlixPartners has been retained by major companies including Cadbury Schweppes, GM, Kmart, Toys R Us and more.  Best of all for its clients, AlixPartners works on a pay-for-performance system, aligning its compensation structure with its clients' success.

There must be a better way

Jay Alix & Associates PC was conceived by Jay Alix in 1981, when he observed that companies in trouble needed help saving assets and jobs and had little resources for doing so.  The company's early years included aiding notable clients such as DeLorean Motor Company, of Back to the Future fame, and Phoenix Steel Corporation.  The firm began to evolve in the 1990s, taking on more staff and serving major clients, such as Unisys, Phar-Mor and General Motors' National Car Rental subsidiary, and it expanded from 33 employees to over 100.

The firm's current incarnation was born in 2002.  At the time, Co-Chairman Alix said that the name AlixPartners was chosen to reflect the firm's central premise that it is a partner to it employees, clients and referral sources.  But the new millennium brought more changes to the firm than just the name alone.  In 2001, it began to expand from a national to an international entity, now totaling 15 offices in eight countries.  Although originally based in Detroit, New York and Chicago, it soon began a rapid expansion into Europe by opening offices in London, Munich, Milan and Düsseldorf.  The next major market was Asia.  In 2003, the Japanese government invited AlixPartners to come to Tokyo to help launch the Japanese Association for Business Recovery, the country's first-ever business turnaround industry and association.  An office in Los Angeles followed in 2003, two more in Tokyo and San Francisco in 2005, and another in Paris in 2006.

AlixPartners, LLP

2000 Town Center
Suite 2400
Southfield, MI 48075
Phone: (248) 358-4420
Fax: (248) 358-1969


  • Employer Type: Private
  • CEO: Fred Crawford
  • 2013 Employees: 1,100

  • Employment Contact

  • Major Departments & Practices

    Turnaround & Restructuring Services
    Enterprise Improvement
    Financial Advisory Services
    Information Management Services

Major Office Locations

  • Detroit, MI (HQ)
  • Boston, MA
  • Chicago, IL
  • Dallas, TX
  • Los Angeles, CA
  • New York, NY
  • San Francisco, CA
  • Washington, DC
  • Dubai
  • Düsseldorf
  • Hong Kong
  • London
  • Milan
  • Munich
  • Paris
  • Seoul
  • Shanghai
  • Tokyo
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