FTI Consulting Grows UK Restructuring Practice with Senior Hire in Manchester
London, 8 February 2024 — FTI Consulting Inc. (NYSE: FCN) today announced the hire of Adam Broadbent, who rejoins the firm as a Managing Director in the Turnaround & Restructuring practice in Manchester.
Mr. Broadbent will focus on providing restructuring solutions and advice to financial and corporate stakeholders in the North of England and, following the arrival of Oliver Wright in July 2023, is the second senior appointment to the firm’s growing Manchester restructuring team, which launched in 2023. FTI Consulting’s Northwest practice provides a full suite of restructuring advisory and formal insolvency services.
“I’m delighted to welcome Adam back to FTI Consulting. He is an impressive restructuring colleague with great transactional experience and is highly regarded by both the market and the firm,” said Oliver Wright, a Senior Managing Director and Head of the Manchester office at FTI Consulting. “Adam’s arrival strengthens the growth momentum of our Manchester office, and I know he will be a great asset to our clients in the North of England.”
Mr. Broadbent has more than 15 years of experience acting for senior lenders, corporates and private equity investors in stressed and distressed situations. This includes a strong track record of advisory work for clients in the retail and leisure, aviation, travel, construction and business services sectors. He advises on a range of financial restructuring matters and strategies, including short-term liquidity management, independent business reviews, rapid cost reduction, accelerated mergers and acquisitions, and debt refinancing.
Mr. Broadbent rejoins FTI Consulting from KPMG in Manchester, where he was a Managing Director in the special situations practice. Prior to that, he was a Managing Director in FTI Consulting’s Restructuring practice in London for almost a decade.
Commenting on his appointment, Mr. Broadbent said, “I thoroughly enjoyed my first spell at FTI Consulting in London, and I am excited to return, based in my hometown of Manchester, to support the next phase of our growth. The reputation of our Turnaround & Restructuring practice in the UK market is unparalleled, and I look forward to building out our regional platform and working with some of the most talented people in the market, both old and new.”
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Source: FTI Consulting, Inc.