AlixPartners acquired the management consulting firm Galt & Company, which specializes in helping management teams achieve and sustain growth in shareholder value. The acquisition, which is expected to close by the end of 2021, subject to regulatory approval, will lead to all Galt & Company team members joining AlixPartners. AlixPartners will launch a new service offering, corporate strategy and transformation, which will combine Galt & Company’s expertise in financial, strategic and organizational improvement with AlixPartners’ industry and functional subject matter expertise.
“I am delighted to welcome the exceptionally talented Galt & Company team to AlixPartners,” Simon Freakley, CEO of AlixPartners, said. “Their skill in delivering superior shareholder value growth, combined with our global presence, deep industry knowledge and implementation expertise, means that together we will help AlixPartners’ corporate and private equity clients achieve sector-leading growth and profitability. In an environment of continuous disruption in which we anticipate heightened competition and corporate M&A activity, our complementary skills and expertise will be in high demand. Together, we look forward to helping our clients create outstanding value and prosper in today’s complex environment”.
“Joining AlixPartners is an important stage in the evolution of our company and a very positive development for our clients and our people. AlixPartners’ global platform, depth of industry knowledge and senior relationships will allow us to better serve an expanded client base and provide even deeper implementation support to those clients,” Scott Gillis, Lee Mergy and Joe Shalleck, senior managing directors at Galt & Company, said in a joint statement. “Our firm cultures are very much aligned and this combination will bring even greater opportunities for our exceptionally talented people”.
Willkie Farr & Gallagher acted as legal counsel to AlixPartners, and Whitman Breed Abbott & Morgan acted as legal counsel to Galt & Company.