WASHINGTON, Feb. 02, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it has completed its acquisition of BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands.
Founded in 2013 by Klaas Wagenaar and Gerrit van Munster, BOLD helps businesses become and stay relevant and successful in times of strategic change and mergers and acquisitions. The acquisition extends FTI Consulting’s restructuring, business transformation, digital and transactions teams to the Dutch market and provides BOLD’s existing clients with access to FTI Consulting’s diversified platform.
With the completion of the acquisition, approximately 31 billable professionals from BOLD, including two Senior Managing Directors and 10 Managing Directors, join FTI Consulting’s Corporate Finance & Restructuring segment, which is led in Europe, the Middle East and Africa by Diederick van der Plas.
Commenting on the completion of the acquisition, Steven H. Gunby, President and Chief Executive Officer of FTI Consulting, said, “The addition of the BOLD team reflects our ongoing focus to invest in leading talent. It brings together two firms that are driven to help clients address their most significant strategic, operational and financial concerns and opportunities. We are so excited to officially welcome BOLD to FTI Consulting.”
Klaas Wagenaar, who joins FTI Consulting as a Senior Managing Director, added, “Working with FTI Consulting enables us to leverage the firm’s global platform and leading business transformation, transactions and turnaround offerings to help companies find a path to a healthy and successful future. We are proud of what we built together at BOLD and look forward to the next chapter of our journey.”
More information is available in the press release announcing the acquisition.
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 6,600 employees located in 29 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 $2.46 billion in revenues during fiscal year 2020. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalized and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
About BOLD
BOLD supports organizations in times of crisis and change. BOLD professionals have the knowledge, expertise and experience to support and lead businesses by combining strategy with their hands-on “analyze, advise, execute” approach. BOLD’s four key offerings are Turnaround, Transformations, Transactions and Digital. In addition, BOLD provides clients with an “Interim” service utilizing a network of experts who can be brought into assignments on an as-needed basis.
