FTI Consulting, Inc. announced that it has acquired CDG Group, a restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York. Terms of the transaction were not disclosed. As part of the transaction, 19 professionals, including five Senior Managing Directors, will join the Turnaround & Restructuring practice within the Company’s Corporate Finance & Restructuring segment in the New York Metro region.
The group, led by Robert Del Genio, brings expertise that covers the entire corporate lifecycle, allowing them to provide practical solutions to businesses and their stakeholders across a wide range of industries and situations. Del Genio joins FTI Consulting as a Senior Managing Director and will be the Co-Leader of the New York Metro region of the Corporate Finance & Restructuring segment alongside Senior Managing Director Steven Simms. With more than 30 years of experience, Del Genio is a recognized leader in the field of restructuring and mergers and acquisitions. He has advised companies, lenders, creditors, corporate boards and private equity sponsors across a diverse range of industries both domestically and internationally.
Del Genio has assisted clients on corporate restructurings and recapitalizations, designed and evaluated financing packages and presentations for various types of lenders and equity investors, and acted as a financial advisor to boards of directors and principal shareholders in the purchase or sale of numerous businesses.
Read more news about restructuring professionals making headlines.