Daily News: April 13, 2012

Reuters: Hellman & Friedman Examines Possible AlixPartners Sale

Hellman & Friedman is looking into a possible sale of turnaround firm AlixPartners, Reuters reported, citing four people familiar with the discussions. The sale could be completed for over $1 billion, the article said.

Goldman Sachs and Bank of America Merrill Lynch are acting as advisors for the potential sale, which is in an “advanced stage,” and could be announced soon, the article noted.

Private equity firm Hellman & Friedman holds a majority stake in the company.

To read the Reuters’ article in its entirety, click here.

Previously on abfjournal.com:

AlixPartners Employees, Hellman & Friedman to Gain Majority Stake in Global Turnaround Firm, Friday, August 04, 2006