Hellman & Friedman Near Sale Of AlixPartners

Buyout shop Hellman & Friedman is exploring a sale of AlixPartners in a deal that could value the restructuring advisory firm at more than $1 billion, four people familiar with the matter told sister news service Reuters. Efforts to sell AlixPartners are at an advanced stage and a deal is expected in the near future, the people said. Goldman Sachs Group and Bank of America Merrill Lynch are advising on the process, they said.