How AlixPartners Won 'Corporate Restructuring Firm of the Year' at the TRI Awards

The praise revolves around its delivery of high-profile, high-impact assignments, remarkable growth, and proactive commitment to diversity and inclusion. 

Judges hailed the submission as “truly outstanding” and praised the team’s leadership on complex mandates such as FarFetch, Cineworld, and The Telegraph.

Transforming times of crisis
In a year marked by global turbulence and economic uncertainty, AlixPartners supported 487 business transformations globally, including 144 in the UK and more than 280 around Europe. 

Their cross-sector expertise spans industries including real estate, healthcare, retail, hospitality, shipping, and more.

The firm’s impact was evident in several complex and high-profile restructurings:

• FarFetch: Turned around the £3bn online fashion retailer and facilitated $500m of new investment.
• The Telegraph & The Spectator: Acted as Receivers to secure a full recovery for the sole lender on its largest bilateral exposure.
• Four Seasons Healthcare: Oversaw operational turnaround and the sale of 65 homes as interim CEO.
• Cineworld: Delivered UK-side administration support aligned with a US Chapter 11 process.

Their restructuring strategies are hands-on and stakeholder-oriented, focused not only on debt recovery but on preserving jobs and long-term business continuity.

 
In multiple cases, returns to creditors exceeded expectations thanks to their proactive interventions.

 
Purpose and performance
AlixPartners nearly doubled the size of its UK restructuring team in just 12 months. This expansion was fuelled by the successful integration of THM and a series of strategic hires, especially at junior levels, reflecting the firm’s investment in long-term capability building.

This growth did not come at the expense of quality. AlixPartners maintained high standards across a demanding caseload, managing critical mandates from SMEs to complex cross-border restructurings. 

One judge noted: “Jobs saved across a spread of sectors and a huge build in the practice in a relatively short time.”

Judges also praised the breadth of assignments and the ability to deliver on both creditor outcomes and strategic transformation in some of the UK’s most closely watched corporate cases.

Restructuring 
Beyond business transformation, AlixPartners is leading on diversity and social mobility. Its award-winning internship programme is partnered with initiatives such as 10,000 Black Interns, targeting underrepresented groups and offering career-building opportunities in restructuring.

These efforts go beyond pipeline building. They shape the culture of the team. Many interns transition to permanent roles, creating a more inclusive, forward-looking firm.

As one judge observed: “Very good submission – good case examples and liked the emphasis on junior level appointments/progression.”

All examples and outcomes referenced reflect AlixPartners’ winning submission to the 2024 TRI Awards.