Ashwin Iyengar is a Managing Director in the Business Transformation practice. Mr. Iyengar has industry expertise in technology diligence, interim IT management, cost reduction, carve-out and post-merger integration activities. He has over 17 years of experience working with clients across a range of industries, including financial services, manufacturing, technology and retail.
Mr. Iyengar’s merger integration and carve-out experience includes leading a carve-out and subsequent integration of an engineering business in Poland from Pratt & Whitney into a global engineering firm over a six-month period. This included TSA negotiation and setup of a standalone Oracle enterprise resource planning system. He also oversaw the merger integration of two private equity-owned airline services businesses, where he led the IT workstream and was responsible for implementing $20 million of synergies across the two businesses, about 15% of the cost base. Prior to that, he led the operational, technology and synergy review of the acquisition of Strato AG by 1&1 Internet and supported the initial acquisition integration of the two businesses.
Additionally, Mr. Iyengar served as the Programme Manager, supporting the carve-out of the Turaz risk management products business from Thomson Reuters and then supported the subsequent integration with Misys, which was also acquired by the private equity house. He also led a vendor due diligence engagement of Daler-Rowney, a paint and art supplier, in advance of a potential sale.
Mr. Iyengar’s interim management experience includes serving as the Interim IT Director/Chief Integration Officer of a leading European operator of petrol station forecourts, operating about 1,200 petrol stations across Benelux and France. In this role, he managed a pan-European IT team of about 30 people, leading an IT cost reduction exercise and outsourcing key services and in-house functions. He also served as the Separation Director of a business carved out from the NYSE and led the IT separation and subsequent IT integration of that business.
Prior to joining FTI Consulting, Mr. Iyengar was a Senior Director at Alvarez & Marsal in their Private Equity performance improvement team. Prior to that, he gained over 10 years of experience focused on technology enhancement and delivery for private equity houses and their portfolio companies. This experience included working within the IT, Merger and Acquisitions and Transaction Advisory teams at Deloitte, where he worked on over 20 transactions and liaised with key private equity and corporate clients.
Mr. Iyengar holds a B.S. in Computer Science from the National Institute of Technology in Warangal and an M.B.A. from the Indian Institute of Management in Bangalore.
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Private Equity Advisory