AlixPartners teams up with NAX Group
Consulting firm AlixPartners has entered a strategic partnership with NAX (New Asset Exchange) Group, a Los Angeles-based software and services firm specializing in rapid commercialization of consumer and enterprise products.
The strategic go-to-market partnership will combine AlixPartners’ industry expertise and consulting resources with NAX Group’s proprietary AI software to create a new corporate growth platform.
The platform will support core growth through AI-enabled productivity of corporate functions; drive adjacent growth through AI software-enabled corporate venturing; and enable extended growth by creating proprietary exchange tradable products from corporate data sets.
"Working together with NAX will afford our clients a unique opportunity to rapidly harness data to build new commercial opportunities and grow value,” said Simon Freakley, CEO of AlixPartners. “Our deep industry expertise plus NAX's remarkable proprietary software, combined with a mutual commitment to delivering outsized results at pace, makes a compelling proposition as companies and their stakeholders pursue value creation in today's continually disrupted business environment."
NAX focuses on proprietary exchange-based tools for financial product innovation and environmental, social, and governance (ESG) commercialization tools. The firm’s proprietary software platform discovers products within 90 days and launches them at scale within nine months to drive rapid growth. NAX’s specialty areas include digital coins, tokens, digital wallet solutions, blockchain, and securitization.
The company has more than 140 employees across offices in LA, Silicon Valley, New York, Tampa, Frankfurt, Munich, and Paris, according to LinkedIn.
"We've invested significantly in our software and ecosystems over the past four years. Teaming up with AlixPartners unleashes a powerful combination and a disruptive approach that will redefine the model for traditional corporate venturing and driving growth,” said Jeff Schumacher, founder and CEO of NAX.
AlixPartners provides consulting in turnaround and restructuring, performance improvement, risk and disputes, economics, transactions, technology, and leadership. The New York-based firm has more than 2,500 employees across 20+ global offices, and works with corporations, private equity firms, investment banks, and law firms.