Category: Turnaround Management News

Phoenix Hires Howard, Expands Southeastern Market

Phoenix Management Services announced that Tony Howard has joined the firm as a managing director in the Atlanta, GA office. Howard is a longtime player in the Southeastern marketplace with a well-established reputation throughout the turnaround and restructuring community.

AlixPartners Announces Majority Investment From CVC Capital

AlixPartners and CVC Capital Partners have agreed to a recapitalization by which funds affiliated with CVC will purchase a majority ownership of AlixPartners. Deutsche Bank, Bank of America Merrill Lynch, Goldman Sachs, Jefferies, and UBS provided committed financing for the transaction.