S&P revises AlixPartners view to stable

S&P said it revised its outlook for AlixPartners LLP to stable from negative and affirmed all its ratings, including the B+ issuer credit rating.

“We forecast U.S.-based global business and financial advisory services provider AlixPartners LLP to grow revenue and EBITDA by approximately 10% in 2023 as higher demand for the company's restructuring services offset reduced demand from suppressed mergers and acquisitions activity. As a result, we expect leverage will decrease below 6x by year-end 2023,” S&P said in a press release.

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