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FTI Consulting Named Global Turnaround Consulting Firm of the Year for Third Consecutive Year

WASHINGTON, April 05, 2017 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN) today announced that the Company was named Global Turnaround Consulting Firm of the Year for the third consecutive year and received 20 Turnaround Atlas Awards by the Global M&A Network.

“Being named Global Turnaround Consulting Firm of the Year for the third year in a row is a significant accomplishment, but equally as impressive is the fact that the 20 Turnaround Atlas Awards are the most that FTI Consulting has received at any one time,” said Michael Eisenband, Global Co-Leader of the Corporate Finance & Restructuring segment at FTI Consulting. “We know our clients come to us for experienced guidance on their most complex restructurings and transactions, and these awards are additional validation that we are viewed as trusted advisors to clients in a variety of industries.”

FTI Consulting was recognized in the following categories:

  • Global Turnaround Consulting Firm of the Year
  • Corporate Turnaround of the Year: Arch Coal Chapter 11 plan of reorganization
  • Entertainment Services Restructuring of the Year: SFX Entertainment Chapter 11 plan of reorganization
  • Cross-Border Turnaround of the Year: Pacific Exploration & Production Company judicial restructuring
  • Energy Restructuring of the Year: Midstates Petroleum Prearranged Chapter 11 reorganization
  • Chapter 11 Restructuring of the Year – Qualified as value above $15 billion: Texas Competitive Energy Holdings businesses – including Luminant, TXU Energy and EFH Business Services – spinoff from Energy Future Holdings
  • Turnaround of the Year – Qualified as value $1 billion to below $2 billion, in or out of court: Energy and Exploration Partners Chapter 11 plan of reorganization
  • Turnaround of the Year – Qualified as value $100 million to below $500 million, in or out of court: Aeropostale Chapter 11 reorganization and acquisition by consortium group including Authentic Brands Group, Simon Property Group, General Growth Properties, Gordon Brothers and Hilco Merchant Resources
  • Corporate Turnaround of the Year – Qualified for value $2.5 billion to $5 billion, in or out of court: Energy XXI Chapter 11 plan of reorganization
  • Corporate Turnaround of the Year – Qualified for value $1 billion to $2.5 billion, in or out of court: CJ Energy Services Chapter 11 plan of reorganization
  • Corporate Turnaround of the Year – Qualified for value above $500 million to $1 billion, in or out of court: UCI International Chapter 11 plan of reorganization
  • Private Equity Turnaround of the Year – Qualified as acquisition value $200 to $500 million, in or out of court: Quicksilver Resources U.S. oil and gas assets acquisition by BlueStone Natural Resources in partnership with Natural Gas Partners
  • Private Equity Turnaround of the Year – Qualified as acquisition value $50 to $200 million, in or out of court: Pacific Sunwear restructuring, financing and takeover by Golden Gate Capital
  • Insolvency of the Year: Sports Authority Chapter 7 including sale of assets to Tiger Capital, Hilco Global and Gordon Brothers
  • Chapter 11 Restructuring of the Year – Qualified as value $500 million to $1 billion: Logan’s Roadhouse reorganization
  • Chapter 11 Restructuring of the Year – Qualified as value $250 million to $500 million: Vertellus Specialties reorganization
  • Special Situation M&A Deal of the Year – Qualified as value $250 to below $1 billion: Abengoa Bioenergy Chapter 11 reorganization sale of assets, including four facilities to Green Plains, sale of Ravenna facility to KAAPA Ethanol and sale of Kansas cellulosic ethanol plant to Synata Bio
  • Financial Services Restructuring of the Year: RCS Capital Chapter 11 plan of reorganization
  • Manufacturing and Services Restructuring of the Year: AstroTurf sale to APT Acquisition Construction Corp.
  • Media Restructuring of the Year: Freedom Communications Chapter 11 sale to Digital First Media
  • Real Estate Restructuring of the Year: Seaboard Realty reorganization and sale of eight assets from hospitality, multi-family and commercial/office properties

The Turnaround Atlas Awards exclusively honor excellence from the restructuring, distressed investing, insolvency, special situations M&A transactions and turnaround communities. The independent awards recognize achievements in the categories of best value-creating transactions, outstanding firms, top professionals and influential leaders.

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 4,700 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 $1.81 billion in revenues during fiscal year 2016. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.

FTI Consulting, Inc. 1101 K Street NW Washington, DC 20005 +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

Source:FTI Consulting, Inc.