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FTI Consulting Buys CDG Group to Boost Restructuring Unit

Management services provider FTI Consulting, Inc. FCN recently acquired CDG Group, an investment banking firm that provides financial advisory services to small and mid-sized public and privately held companies, for an undisclosed amount. The strategic transaction is aimed at augmenting the company-side and interim management capabilities within its restructuring business in North America.

Based in New York, CDG Group offers restructuring advisory, turnaround management, value enhancement and transaction advisory services to diverse companies across various sectors. Led by Robert Del Genio, the company brings to the table a rich human capital comprising 19 professionals that include five senior Managing Directors. These professionals are widely recognized in the industry for their impressive track record, impeccable practical knowhow and business acumen.

As part of the transaction, Del Genio along with his team will join the Turnaround & Restructuring practice within FTI Consulting’s Corporate Finance & Restructuring segment in the New York Metro region. This business division helps management to quickly ascertain the key issues and take proactive steps to stabilize finances and operations of the company. Experts within this division also offer liquidity forecasts, cash-flow management and...