FTI Consulting, Inc. Completes Acquisition of FS Asia Advisory Limited
HONG KONG and WEST PALM BEACH, Fla., Aug 19, 2010 /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 it has completed its previously announced acquisition of FS Asia Advisory Limited (formerly Ferrier Hodgson Hong Kong Group).
Founded in 1985 and with operations in Hong Kong, Shanghai, Singapore and Manila, FS Asia Advisory ("FS") is a leading provider of corporate finance, restructuring and turnaround, corporate advisory and corporate recovery services in Asia. The acquisition significantly expands FTI's presence and breadth of capabilities in Asia, adding 130 professionals to FTI in the region. FS generated total revenues of approximately $35 million in the fiscal year ended June 30, 2010. Going forward, FS will operate as FTI Consulting.
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 3,300 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.