ALTIX ACCESS
FOR DECISION MAKERS WHO CHAMPION BUSINESS
Dear Friend,

I am delighted to join Altix Consulting as its new president. Altix Consulting has come a long way since our co-founders, Yannick Schilly and Anne Cappel, started their quest in 2018 to serve middle-market industrial companies and help them compete better globally. I am honored to help lead such a talented and dedicated team, and I look forward to working together to take our company to even greater heights. 

My background spans three decades and includes expertise in arenas such as General Management, Corporate Strategy, Finance, Mergers & Acquisitions, and Operational Excellence. I am eager to put that experience to work on behalf of our clients and internally at Altix. I am also committed to delivering exceptional service and value to all of our stakeholders, including our esteemed clients, dedicated employees, and strategic partners. 

As we start 2023, there are several macroscopic trends creating sluggish economies around the world including high inflation, rapidly increasing interest rates, supply chain bottlenecks created by imbalances in trade and inventories, the Russian invasion of Ukraine, and the lingering effects of COVID-19. Fortunately, recent indications of positive news include the United States and the Euro zone pleasantly outperforming consensus GDP expectations for Q4 2022. 

While we can all briefly celebrate the start of 2023 with the GDPs of the United States and the Euro zone being marginally better than expected for Q4 2022, it is still too early to declare victory. In fact, there are still many legitimate fears of a potential recession in 2023. The future growth trajectory for the US, Europe, and other important regions around the world, will depend largely on the success of their respective governments’ efforts to support their economies and mitigate the pandemic's impact. More importantly, it will depend on the resilience of global industries, international businesses, and local consumers.   

With respect to Altix Consulting, our goal is to create an environment that is inclusive, innovative, and supportive. By working together, we can achieve great things and make a real difference in the lives of our clients. I am eager to get to know each of you and look forward to the vast opportunities that lie ahead. Here’s to an outstanding 2023! 

Respectfully, 
 
Carey Chen 

President 
INTRODUCING THE NEWLY APPOINTED PRESIDENT OF ALTIX CONSULTING GROUP: CAREY CHEN
Carey, an industry veteran with nearly 30 years of experience leading several global enterprises, large-cap public Fortune 500 companies, medium-cap private enterprises and smaller startups across various industries, will strengthen our leadership team during this next phase of rapid growth, and succeeds Yannick Schilly as President.

Carey is leading day-to-day operations and helping develop a strong architecture and scalable organization to fortify Altix’ growth plans. Yannick Schilly, who co-founded Altix Consulting and served as President & CEO since the company’s inception, will remain CEO and Chairman of the Board of Directors. Yannick will continue to focus on the strategic global development of the company and will remain committed to working closely with Altix customers and partners to ensure continued delivery of superb customer service and tailored solutions to help clients accelerate their highly complex industrial, business, digital, cultural, and lean transformations with focus on operational excellence and global business strategy.

Click here to learn more:
INDUSTRY CHAMPION INTERVIEW
One-on-One with Roger Hallett, President of Phoenix Contact Canada
Each quarter we sit down with industry executives and thought leaders to discuss the trends, challenges, and best practices that are transforming their businesses.
 
Today, we are with Roger Hallett to discuss how he and his team have successfully scaled and transformed the German company.


THE ART AND SCIENCE OF INTERNATIONAL M&As
The Opportunities and Challenges of International M&As
With dozens of successful international and domestic mergers & acquisitions (M&As) under his belt, Altix President Carey Chen shares his insights on the topic.

International M&A (mergers and acquisitions) activity is currently facing major headwinds due to significant financing challenges. These financing challenges are being driven by rapidly rising interest rates in many major economies, fears of a global recession, and an overall pullback in leveraged financing. Market comparable valuation multiples have fallen steeply due to a general sell-off in stock markets, as well as the aforementioned increases in interest rates. In general, fewer companies want to sell because of generally lower valuations, and there are fewer buyers due to the significant increase in the cost of capital and the availability of investment capital from banks that want to avoid making risky lending decisions. These challenges will not stop International M&A activity altogether, but the pace will definitely remain noticeably slower until market conditions stabilize and improve.
On February 22nd, Altix hosted our first quarterly
LE CERCLE Executive Roundtable of 2023.

Our discussion focused on navigating this terrain as seasoned M&A practitioners shared their insights and lessons learned along their way to executing successful international mergers and acquisitions.  ​

Click here to see Carey Chen's TOP TEN LESSONS
​
Altix LE CERCLE is a virtual executive roundtable for industry leaders to gather with peers to exchange, learn, and benchmark; and to leverage best practices to develop a stronger competitive advantage. To learn more, please contact [email protected]
Fun Fact...
Our CMO and Co-Founder Anne Cappel climbed Mount Kilimanjaro?
 
Talk about closing out 2022 on a high note!

Anne’s 8-day climbing expedition to the “ceiling of Africa” and the world’s highest free-standing mountain is impressive! Upon her return, she shared her experiences with us so we can all vicariously learn from them. We invite you to read her fun and incredibly inspiring chronicles.
ALTIX ACADEMY UPDATE
Commercial Leaders Circle of Excellence

We are now accepting applications for the 2023/2024 Cohort of the ALTIX Circle of Excellence for International Commercial Leaders. This 9-month program will start in September, 2023 and is designed for International Commercial Leaders in Sales Management, Marketing Management, and Business Development, as well as aspiring C-Suite Executives including CCO, CMO, CSO, and CEO.

To learn more about the program please contact [email protected], or visit Altix Academy to learn more.

ALTIX Welcomes new Partners and Team Members

Our ALTIX team continues to grow as we expand our portfolio of products and services across various industries, areas of expertise, and geographies. It is our pleasure to introduce our newest partners and team members, who look forward to applying their expertise and passion to help your company scale.
Partner Strategy & Finance
Strategic Advisor
Human Resources & Talent Management
Director of Operations
NAM/Practice Leader QMS/EHS
Meet the ALTIX Global Team

ALTIX Partners are senior-level industry experts with 25+ years' hands-on experience and a proven track record, to ensure faster, smarter decisions, and to give manufacturing leaders the competitive edge they need to compete and lead complex transformation initiatives.
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