WASHINGTON, Sept. 04, 2018 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced that the Company
has been named Global Turnaround Consulting Firm of the Year for the fourth consecutive year and honored with 21 Turnaround Atlas
Awards by the Global M&A Network.
The Turnaround Atlas Awards exclusively honor excellence from the restructuring, distressed investing, insolvency, special
situations M&A transactions and turnaround communities. The 21 awards were the most of any firm.
The Global M&A Network recognized FTI Consulting in the following categories:
- Global Turnaround Consulting Firm of the Year
- Consumer Products Restructuring of the Year: Highview Capital and Victory Park Capital Advisors Acquire Katy Industries
- Energy Restructuring of the Year (Large, value above $500 million, oil and gas-related industries): Vanguard Natural
Resources Chapter 11 Plan of Reorganization
- Energy Restructuring of the Year (Middle market, value $250 million to $500 million, oil and gas-related industries): Forbes
Energy Services Pre-Packaged Plan of Reorganization
- Energy Restructuring of the Year (Small mid-markets, below $250 million, oil and gas-related industries): Northstar Offshore
Ventures, Subsidiary of Orinoco Natural Resources, Acquires Oil and Gas Assets from Northstar Offshore Group
- Financial Services Restructuring of the Year: J.G. Wentworth Pre-Packaged Chapter 11 Restructuring
- Shipping & Services Restructuring of the Year: Ultrapetrol (Bahamas) Pre-Packaged Chapter 11 Plan of Reorganization
- Special Situation M&A Deal of the Year (Qualified as value above $500 million): Fairfax Financial and Sagard Capital
Partners Acquire Assets of Performance Sports Group under Companies’ Creditors Arrangement Act and Chapter 11 of the United
States Bankruptcy Code
- Special Situation M&A Deal of the Year (Qualified as value below $50 million to $250 million): Ignite Restaurant Group
(Joe’s Crab Shack) Chapter 11 Restructuring and Acquisition by Affiliates of Landry’s Inc.
- Chapter 11 Restructuring of the Year (Qualified as value $1 billion to $10 billion): Peabody Energy Restructuring
- Chapter 11 Restructuring of the Year (Qualified as value $250 million to less than $1 billion): Optima Specialty Steel
Restructuring
- Chapter 11 Restructuring of the Year (Qualified as value $100 million to $250 million): Vanguard Healthcare
Restructuring
- Cross-Border Special Situation M&A Deal of the Year (Value above $500 million): Macquarie Capital together with Techint
Engineering & Construction Acquisition and Financing of Norte III Project from Abengoa
- Corporate Turnaround of the Year (Qualified as value $1 billion to $5 billion): CHC Group Chapter 11 Plan of
Reorganization
- Africa Turnaround of the Year
- Western Europe Turnaround of the Year
- Cross-Border Turnaround of the Year (Qualified as value above $5 billion): Abengoa Judicial Restructuring and
Recapitalization
- Cross-Border Turnaround of the Year (Qualified as value $100 million to $500 million): EMAS CHIYODA Subsea Chapter 11
Reorganization and Acquisition by Subsea 7
- Cross-Border Turnaround of the Year (Qualified as value $5 million to $100 million): Vitamin World Chapter 11 Section 363
Sale to Feihe International
- Turnaround of the Year (Qualified as value above $5 billion): Caesars Entertainment Operating Company Chapter 11
Reorganization
- Turnaround of the Year (Qualified as value $1 billion to $5 billion): Ocean Rig UDW Restructuring
- Turnaround of the Year (Qualified as value $500 million to $750 million): Erickson Incorporated Chapter 11 Plan of
Reorganization
“Our experts handle some of the most complex restructurings, turnarounds and transactions globally, advising both companies and
creditors to achieve the best possible outcomes,” said Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting. “These awards highlight our
unparalleled expertise, dedication to clients and commitment to create leading practices around the world that address complex,
multi-national and cross-border situations.”
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve
disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 4,600 employees
located in 28 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex
business challenges and make the most of opportunities. The Company generated $1.81 billion in revenues during fiscal year 2017.
For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
FTI Consulting, Inc.
555 12th Street NW
Washington, DC 20004
+1.202.312.9100
Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
Matthew Bashalany
+1.617.897.1545
matthew.bashalany@fticonsulting.com
