September 28, 2018

Willkie advised global consulting firm AlixPartners on the transaction.

Global consulting firm AlixPartners announced it has entered into an agreement to acquire independent financial advisory and interim management firm Zolfo Cooper. The proposed transaction follows AlixPartners’ 2015 acquisition of Zolfo Cooper’s European franchise, further bolstering the firm’s turnaround and restructuring credentials.

Zolfo Cooper’s management team and staff, based in New York and Los Angeles, will join AlixPartners, adding approximately 350 senior professionals, including 66 Managing Directors, under the AlixPartners brand.

Founded in 1981, AlixPartners specializes in helping businesses address their most complex and critical challenges. Its clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. AlixPartners is headquartered in New York, and has offices in more than 20 cities around the world. Zolfo Cooper is a financial advisory and interim management firm established in 1985, dedicated to providing restructuring leadership to companies and their stakeholders.

The Willkie deal team was led by partner Adam Turteltaub and included partners Gregory Astrachan, Hillel Jacobson and Jordan Messinger and associate Morgan McDevitt.