About Craig
Craig Cheng has more than 20 years of experience providing financial advisory services in numerous engagements involving complex restructuring, strategic evaluation and implementation, M&A and various other corporate finance transactions. Mr. Cheng’s experience encompasses a range of industries, including aviation, automotive, chemicals, consumer products and healthcare, as well as oil and gas, metals, power projects, restaurants, technology and telecommunications.
Mr. Cheng has provided restructuring advisory, interim management and crisis management services in both in- and out-of-court settings and has prepared valuation, solvency and damages analyses for expert witness services. He has also assisted financial sponsors, boards of directors, companies and creditors in developing, evaluating and executing strategic and financing alternatives.
Mr. Cheng has crafted corporate business plans, offering memorandums and restructuring proposals. In addition, he has managed daily liquidity needs and implemented cost-cutting initiatives and operational improvements for companies. Mr. Cheng has experience conducting operational and financial due diligence, including valuations, business plan reviews and debt capacity analyses. He also has communicated with and managed constituencies and related parties during the restructuring process.
Mr. Cheng joined FTI Consulting with its acquisition of CDG Group, where he was a Director. Additionally, he co-authored “The Role and Duty of the Board of Directors and the Special Committee of the Board in Distressed Scenarios” in the publication “Navigating Today’s Environment: The Directors’ and Officers’ Guide to Restructuring.”
A representative list of Mr. Cheng’s client experience includes AES Cogeneration Facility; Allegheny Hydro; AmeriServe Distribution; Cedar Bay Cogeneration; Ceva Logistics; Dial Global; Edmentum, Inc.; Excite@Home; Factory Card Outlet; Fisker, Inc.; Haynes International; Kasper ASL; Loral Space & Communications Ltd.; Mariner Post-Acute Network; MicroWarehouse; OCA, Inc.; Patua Project; PHI, Inc.; Precision Parts International; Rayonier Advanced Materials, Inc.; Refco, Inc.; Reichhold, Inc.; Republic Technologies International; RSL Communications; Sbarro, Inc.; Scandinavian Airlines System; Speedcast International Limited; Sydran Services; Tecumseh Products Company; UCI International, LLC; Veritrans Specialty Vehicles; Verizon/Idearc; Waypoint Holdings; Wellman, Inc.; and Wheeling-Pittsburgh Steel Corp.
Education
B.A., Economics and International Relations, The University of Pennsylvania
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Contact
T: +1 212 813 9029
craig.cheng@fticonsulting.com -
Office
1166 Avenue of the Americas
15th Floor
New York, NY 10036
United States
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Expertise
Corporate Finance
Mergers & Acquisitions Advisory
Restructuring / Turnaround Services