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Synergies Realized

Successfully Integrating Acquisitions at Solaris Health

Synergies Realized

Successfully Integrating Acquisitions at Solaris Health

Key Contacts

Jeffrey S. Amling and Bob Gonzalez

Integrating at the speed of growth — and creating a playbook for private equity success.

Solaris Health was founded in June 2020 when Lee Equity used the medical service organization to purchase nonclinical assets of two urology physician groups in New York and Ohio, as well as additional acquisitions in six other states. Due to the high volume of M&A activity, FTI Consulting was engaged to help quickly integrate new acquisitions into Solaris Health’s reporting structure. 

Our Impact

Eight integrations were completed within four months of the purchase date. Given Solaris’ growth trajectory, FTI Consulting also created a best practices playbook that allowed Solaris’ individual practice finance teams to successfully manage future acquisitions on an accelerated timeline.

Medical team hear presentations from business.

FTI Consulting parachuted in and, behind the scenes, took care of business, which enabled me to focus on continuing to build the infrastructure of Solaris.

Michele Haas, Chief Financial Officer Solaris Health

In crisis and transformation,real-world experience delivers.

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Our Role

A strong partnership across due diligence and post-deal integrations

FTI Consulting was hired to execute a multifaceted scope of services, from accounting and finance integration and transformation services to developing and implementing accounting best practices for both the legacy and acquired companies. By assuming integration activities, FTI Consulting experts allowed Solaris and Lee Equity to focus on their growth strategy.

FTI Consulting managed daily accounting and finance functions and transition responsibilities and served as interim controller until a replacement joined. 
Our team performed buy-side due diligence for multiple acquisitions and provided support to Solaris’ finance team on a monthly close cadence, including procedures, budgets and audits.  
Experts assisted in successfully converting the accounting of the acquired practices, creating a plan for bank account structures and constructing a cash flow forecast model for financial reporting.

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All Success Stories

Merger Defended

Pfizer Completes $43 Billion Acquisition of Seagen

Seagen is a global biotechnology company that discovers, develops and commercializes transformative cancer medicines. In March 2023, Pfizer and Seagen announced that they had entered into a definitive merger agreement under which Pfizer would acquire Seagen. Counsel for Pfizer and Seagen drew upon Compass Lexecon's economic analysis and logistical support to comply with the FTC’s second request for information. 

Deal Done

Republic and Mesa Successfully Complete a Complex Airline Merger

As the regional airline industry navigates a significant shift towards consolidation, FTI Capital Advisors proactively brokered merger conversations between Republic Airways and Mesa Airlines, with the aim of creating value for not only the two companies, but the larger codeshare partners they served. Following nearly two years of negotiations, the strategic reverse merger was announced in April 2025. FTI Consulting’s Transactions team was then retained to lead the integration program and execute a comprehensive Day 1 project plan in a short timeline.

Performance Unleashed

Successfully Implementing a Tax Strategy at a Leading Global Investment Firm

The client turned to FTI Consulting to assist with the launch of a new infrastructure fund. By providing immediate tax guidance and support for a “season and sell” strategy, the client was able to minimize U.S. tax leakage for offshore investors in this new offshore infrastructure fund.

Transformation Realized

Establishing and Operating a Fund Administration Platform while Implementing Improved Processes at a Global Real Estate Fund Manager

A global real estate investment manager required a third-party fund administration and property accounting provider that could scale at a pace consistent with its own growth and deliver quality reporting, treasury and administration services at a service level higher than it could achieve on its own. FTI Consulting was engaged to design, implement, and operate an improved accounting and administration platform that would enhance efficiency, scalability and reporting quality.

Illustration for Establishing and Operating a Fund Administration Platform while Implementing Improved Processes at a Global Real Estate Fund Manager

Funds Recovered

Recovering $460 Million from a PFI Ponzi Scheme

FTI Consulting was retained by counsel as the forensic accounting experts for the various creditors of PFI to thoroughly investigate the allegations made by the SEC and DOJ that PFI had been run as a Ponzi-like scheme for more than 30 years. After reconstructing the company’s records and conducting a detailed forensic accounting investigation into its financial activity (culminating in a detailed declaration to the Bankruptcy Court of its findings), FTI Consulting was able to uncover evidence that PFI was being operated as a Ponzi scheme from at least January 1, 2007.After the Court’s ruling, FTI Consulting was asked to manage PFI through the subsequent Chapter 11 bankruptcy, managing and rehabilitating properties and facilitating the sale of assets. This ultimately resulted in more than $460 million in gross sales and nearly 70% recovery of invested funds for the victims.

Dispute Resolved

Supporting MAPS Hotels and Resorts One LLC’s Successful Bid to Cancel $5.8 Billion Deal

MAPS Hotels and Resorts One LLC (“MAPS”), a subsidiary of Mirae Asset Financial Group, had been in negotiations to purchase Strategic Hotels & Resorts LLC (“Strategic”), a hotel real estate investment trust, totaling $5.8 billion.Shortly before closing and after MAPS paid the $600 million non-refundable deposit, the COVID-19 pandemic hit – substantially impacting the hospitality industry and Strategic’s operations. Simultaneously, underhanded practices came to light that complicated this proposed acquisition further.FTI Consulting was engaged by Quinn Emanuel Urquhart & Sullivan LLP, counsel to MAPS, to analyze the financial and operational impact of COVID-19 and the fraudulently filed deeds related to the proposed acquisition.

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Successfully Integrating Acquisitions at Solaris Health

Successfully Integrating Acquisitions at Solaris Health

Integrating at the speed of growth — and creating a playbook for private equity success.

Our Impact

In crisis and transformation,real-world experience delivers.

A strong partnership across due diligence and post-deal integrations

Discover Your Team

Jeffrey S. Amling

Bob Gonzalez

Scott Bingham

Heather DiFiore

Real-world experience that delivers.

Deep Expertise in Action

Pfizer Completes $43 Billion Acquisition of Seagen

Republic and Mesa Successfully Complete a Complex Airline Merger

Successfully Implementing a Tax Strategy at a Leading Global Investment Firm

Establishing and Operating a Fund Administration Platform while Implementing Improved Processes at a Global Real Estate Fund Manager

Recovering $460 Million from a PFI Ponzi Scheme

Supporting MAPS Hotels and Resorts One LLC’s Successful Bid to Cancel $5.8 Billion Deal

Identifying $42 Million in Cost-Saving Opportunities Amid Operating Model Redesign

Assessing Financial Modeling and Boosting Capital Efficiency for Clearcover Insurance

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the center of the action.

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Successfully Integrating Acquisitions at Solaris Health

Successfully Integrating Acquisitions at Solaris Health

Integrating at the speed of growth — and creating a playbook for private equity success.

Our Impact

Michele Haas, Chief Financial Officer - Solaris Health

In crisis and transformation,real-world experience delivers.

A strong partnership across due diligence and post-deal integrations

Jeffrey S. Amling

Bob Gonzalez

Scott Bingham

Heather DiFiore

Real-world experience that delivers.

Pfizer Completes $43 Billion Acquisition of Seagen

Republic and Mesa Successfully Complete a Complex Airline Merger

Successfully Implementing a Tax Strategy at a Leading Global Investment Firm

Establishing and Operating a Fund Administration Platform while Implementing Improved Processes at a Global Real Estate Fund Manager

Discover a career atthe center of the action.

Discover a career at
the center of the action.