FTI Consulting buys US based restructuring consultancy CDG Group
13th July 2017
FTI Consulting has acquired CDG Group, a New York based consultancy specialising in restructuring services. The deal sees 19 partners and senior advisors join FTI’s North American Turnaround & Restructuring arm.
The added group, a privately held advisory founded in 1998, brings expertise to FTI that spans a range of financial advisory services, including restructuring, turnaround management, solvency analysis, debt restructuring, liquidity sourcing, as well as strategic planning, M&A advisory and corporate finance.
The move bolsters FTI’s Turnaround & Restructuring practice, which sits within its broader Corporate Finance & Restructuring business. “The addition of these professionals will further enhance FTI Consulting’s top restructuring position in North America by strengthening the firm’s company-side and interim management capabilities”, said Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting, adding “CDG is a renowned corporate finance and restructuring advisory business with an impressive reputation and track record of client success.”
Read more at: link