CDPQ, PSP Investments, Investcorp and Jay Alix acquired AlixPartners from CVC Capital Partners.

CDPQ, PSP Investments, Investcorp and Jay Alix acquired AlixPartners, a consulting firm best known for its work in the turnaround space, from CVC Capital Partners. Financial terms were not disclosed. Simon Freakley, Chief Executive Officer of AlixPartners, said: “We are delighted to welcome CDPQ, PSP Investments and Investcorp as long-term shareholders. Their commitment will allow us to continue to grow our business and best serve our clients. We are now in our 35th year and, with revenues of $1bn, AlixPartners is on a great trajectory.”