Global consulting firm AlixPartners announced today its intended acquisition of management consulting firm Galt & Company, which specializes in helping management achieve and sustain superior growth in shareholder value. Galt & Company has been associated with some of the more notable corporate success stories of the last twenty years. The acquisition, which is expected to close by the end of 2021, subject to regulatory approval, contemplates all Galt & Company team members joining AlixPartners. Together, we will launch a new service offering, Corporate Strategy & Transformation, which will combine Galt & Company's expertise in financial, strategic, and organizational improvement with AlixPartners' deep industry and functional subject matter expertise.
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.
Simon Freakley, CEO, AlixPartners, commented: "I am delighted to welcome the exceptionally talented Galt & Company team to AlixPartners. Their skill in delivering superior shareholder value growth, combined with our global presence, deep industry knowledge, and implementation expertise, means that together we will help AlixPartners' corporate and private equity clients achieve sector-leading growth and profitability. In an environment of continuous disruption in which we anticipate heightened competition and corporate M&A activity, our complementary skills and expertise will be in high demand. Together, we look forward to helping our clients create outstanding value and prosper in today's complex environment".
