Abraxas Restructures Industrial Services Firm

Middle market advisory firm Abraxas Group completed the successful turnaround and restructuring of a private-equity backed industrial services company with an international reach.

BofA Vet Carnoy Joins AlixPartners as CFO

Global consulting firm AlixPartners appointed Lisa Carnoy chief financial officer. Carnoy will be based in the New York office and serve the firm’s management committee.

Omni Launches Restructuring Consult Group

Marc Beilinson and affiliates of the Beilinson Advisory Group have purchased Omni Management from Rust Consulting and will relaunch the company as Omni Management Group to provide consulting services to restructuring professionals.

Liebman to Co-Head A&M West Region Restructuring Practice

Alvarez & Marsal tapped managing director Marc Liebman to co-head its North American Restructuring practice’s Western region.

Laslavic to Head ACT Capital’s New Pittsburgh Office

John D. Laslavic joined ACT Capital Advisors as a managing director in the firm’s new Pittsburgh office.

A&M Promotes Fox to Co-Head of Restructuring Practice

Alvarez & Marsal promoted managing director Brian J. Fox to co-head of the Eastern region for its North American Commercial Restructuring practice.

Horine Joins Winter Harbor as Director

Twenty-five-year industry veteran Jeff Horine joined Winter Harbor as a director.

AlixPartners Promotes 24 to Managing Director

AlixPartners promoted 24 staff members to managing director. The promotions, which span all of AlixPartners’ service areas and geographies, are effective immediately.

AlixPartners Predict Retail Distress Will Continue in 2018

AlixPartners conducted its annual survey of restructuring professionals, with the results predicting continued distress in retail and more activity in the healthcare, restaurant and power industries. Tax reform, the survey said, is a wash.

FTI Consulting Promotes Eight Restructuring Pros

FTI Consulting promoted eight professionals in the firm’s Corporate Finance and Restructuring segment to senior managing director.