The firm has whittled down the pool of potential buyers to a handful of private equity firms, the Financial Times reported on Friday.
AlixPartners was set up in 1981 by turnaround specialist Jay Alix, who still holds a minority stake in the company. The company has since diversified its offering, with 62 per cent of revenues in 2010 not sourced from corporate restructurings.
The business, which employs around 900 people, has been involved in the restructuring of corporate giants including GM, Kmart and Enron.
Hellman & Friedman bought a controlling stake in AlixPartners as part of a recapitalisation in 2006, in a deal that valued the company at more than $800m.
The company’s revenues have since grown at a compound annual growth rate of around ten per cent, the report added.
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