AlixPartners announced it has expanded its internationally renowned Turnaround & Restructuring Services practice via an affiliation with a leading Caribbean practice. The affiliation, which will operate under the AlixPartners brand, brings a team of five managing directors and twenty staff operating from offices in both the Cayman Islands and the British Virgin Islands. The affiliation is effective immediately.

This key addition to AlixPartners expands the Firm’s breadth of turnaround, restructuring, financial advisory, litigation support and forensic investigation services throughout the Caribbean. Additionally it enables the Firm to leverage the region’s strategic importance within the global restructuring and finance markets, working alongside its existing specialist teams in the world’s leading financial centers.

Commenting on this important addition to the AlixPartners network, Alastair Beveridge, head of Turnaround and Restructuring in the UK said:

“These particular Caribbean jurisdictions are key for any internationally-focused turnaround and restructuring practice. Many of us at AlixPartners have worked with our new colleagues before and we have been impressed by their local market knowledge, technical ability, team ethic and pragmatic approach. Above all else, they are held in extremely high regard by their clients and we know they will be a terrific addition to our global team of professionals.”

Eleanor Fisher, Managing Director and Head of the newly added Caribbean team, added: “We’re delighted to become part of the AlixPartners global team. Operating alongside our new colleagues with such a well-regarded and internationally recognized brand in the restructuring arena will provide a platform for growth as we combine our skills, relationships and experiences. Having access to AlixPartners’ broad range of services, deep industry sector expertise and global network will enhance our ability to help our clients both in the Caribbean and beyond.”

AlixPartners is a leading global business advisory firm of results-oriented professionals who specialize in creating value and restoring performance at every stage of the business life cycle. We thrive on our ability to make a difference in high-impact situations and to deliver sustainable, bottom-line results. The firm's expertise covers a wide range of businesses and industries whether they are healthy, challenged or distressed.