WASHINGTON, July 2, 2015 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that FTI Consulting was recently named Global Turnaround Consulting Firm of the Year and awarded eight Turnaround Atlas Awards by the Global M&A Network for excellence and outstanding achievements in the global restructuring, special situation merger and acquisition ("M&A") and turnaround markets.
FTI Consulting was recognized in the following categories:
Global Turnaround Consulting Firm of the Year
Turnaround of the Year (Large Markets)
Momentive Performance Materials Chapter 11 plan of reorganization
Out of Court Restructuring of the Year (Middle Markets)
IAP Worldwide Services restructuring
Corporate Turnaround of the Year
Overseas Shipholding Group Chapter 11 plan of reorganization
Private Equity Turnaround of the Year (Middle Markets)
Event Rentals (Classic Party Rentals) restructuring and acquisition by Apollo Global Management
Private Equity Turnaround of the Year
Preferred Sands debt restructuring and investment stake by KKR & Co
Pre-Packaged Restructuring of the Year (Middle Markets)
UniTek Global Services restructuring
Consumer Services Turnaround of the Year
Clearlake Capital Group acquisition of Ashley Stewart under Chapter 11 auction
Telecom & Services Turnaround of the Year
FiberTower Network Services Chapter 11 plan of reorganization
Commenting on this recognition, Bob Duffy, Global Leader of the Corporate Finance/Restructuring segment at FTI Consulting said, "On behalf of my colleagues across the globe, we are honored to be named this year's Global Turnaround Consulting Firm of the Year. It is a privilege to be recognized in a wide range of turnaround and restructuring award categories, showcasing the diversity of our multidisciplinary offering. At FTI Consulting, we have an impressive team of professionals who are focused on delivering outstanding restructuring and business transformation solutions, and I continue to be proud of them for their dedication to and passion for serving our clients."
The Turnaround Atlas Awards exclusively honors excellence from the restructuring, bankruptcy, distressed investing and turnaround communities worldwide. The winners are selected independently based on identifiable performance criteria, including restructuring style, sustainability, number of creditors, sector challenges, timeliness and jurisdictional intricacies.
On Tuesday, June 23, 2015, the award winners were recognized at the Global M&A Network's Annual Awards Gala in Chicago, Illinois.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,400 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.76 billion in revenues during fiscal year 2014. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
CONTACT: FTI Consulting, Inc.1101 K Street NWWashington, DC 20005
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