The acquisition closed on December 31st, with all Galt & Company team members joining AlixPartners.

With this acquisition, AlixPartners is launching a new service offering, Corporate Strategy & Transformation, which combines Galt & Company’s expertise in financial, strategic, and organizational improvement with AlixPartners’ deep industry and functional subject matter expertise, the consulting firm said in a statement.

“At a time when disruption continues to be the foremost concern of corporate leaders around the world, our combined capabilities and expertise will help AlixPartners’ clients create significant value in today’s complex and uncertain environment,” Alix Partners’ CEO Simon Freakley said.

For his part, Scott Gillis, Galt & Company’s senior managing director, said: “We are thrilled to be joining the AlixPartners team and are very excited about the results our complementary offerings and expertise will deliver to current and future clients. I am equally optimistic about the new opportunities for our people to serve an expanded, global client base with a more extensive portfolio of services.”  

Willkie Farr & Gallagher acted as legal counsel to AlixPartners, and Whitman Breed Abbott & Morgan acted as legal counsel to Galt & Company on the transaction.

AlixPartners specializes in helping businesses successfully address their most complex and critical challenges. Its clients include companies, corporate boards, law firms, investment banks, private equity firms, and others. Founded in 1981, AlixPartners is headquartered in New York and has offices in more than 20 cities around the world.

Founded in 2003, Galt & Company helps CEOs and their management teams develop the strategies and organizational capabilities that deliver and sustain superior growth in shareholder returns. Galt & Company’s client track record of delivering superior shareholder returns aligns tightly with AlixPartners’ premium, results-driven, action-oriented proposition, according to the statement.