FTI Consulting Announces That Its Schonbraun McCann Group and Brewer Businesses Adopt the FTI Consulting Brand
NEW YORK, April 4, 2011 /PRNewswire via COMTEX/ -- FTI Consulting, Inc. (NYSE: FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its real estate and construction practices, FTI Schonbraun McCann Group and FTI Brewer, will adopt the FTI Consulting(TM) brand with immediate effect.
The move follows the firm's recently announced "one brand" strategy, in which FTI Consulting will convert substantially all of its acquired firms to the FTI Consulting brand. This will support its corporate positioning and ability to provide seamless strategic services to clients throughout the world.
Established in 1973, FTI Schonbraun McCann Group is the largest, dedicated national real estate and finance consulting firm in the United States. It provides integrated financial, tax and real estate solutions for clients who have underlying value in real estate operations and assets. Its real estate advisory services include merger and acquisitions, due diligence, valuation, lease consulting, financial outsourcing, IPO, REIT tax structuring and compliance, executive compensation, master planning and development services, cost segregation and private client services.
Since the acquisition of Schonbraun McCann Group by FTI Consulting in March 2008, the group has operated as the Real Estate Division of FTI Consulting within the company's Corporate Finance/Restructuring business segment.
FTI Brewer is one of the leading providers of commercial and dispute resolution services to the construction and engineering sectors and will operate within the global Construction Solutions Team within FTI Consulting. The move unifies FTI Brewer's heritage and experience in construction and engineering with the Construction Solutions Team at FTI Consulting. Led by renowned quantum and delay analysis experts, the team provides a complete range of commercial and dispute resolution services including, quantum and delay analysis expertise, construction monitoring, cost analysis, scheduling analysis, claims management and dispute resolution.
Bruce Schonbraun, senior managing director at FTI Consulting, said: "Our real estate practice has vastly expanded its global reach, and we now have a presence in 50 major business centers worldwide. Our business has complemented the company's Corporate Finance/Restructuring business segment well, allowing us to offer our unsurpassed real estate advisory services to a vast range of clients while collaborating across the various segments of FTI Consulting. The adoption of the FTI Consulting brand allows us to further strengthen our business under a single entity and explore exciting new opportunities."
Geoff Brewer, senior managing director at FTI Consulting, said: "FTI Consulting is one of the world's leading global advisory firms. Our practice has benefited enormously from being part of this business, enabling us to provide a full and global service offering to the construction and engineering industries. Adopting the FTI Consulting brand is a strong statement of this offer and a natural progression in our process of integration to the company. It also is a significant step in our international growth plans."
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 3,800 employees located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at http://www.fticonsulting.com/.
SOURCE FTI Consulting, Inc.