FTI Consulting To Acquire Netherlands-Based BOLD For Undisclosed Sum

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FTI Consulting, Inc. FCN has agreed to acquire BOLD, a restructuring, transactions, digital, and transformation advisory firm in the Netherlands. Deal terms were not disclosed.

  • BOLD was founded in 2013 by Klaas Wagenaar and Gerrit van Munster.
  • This acquisition extends FTI Consulting's restructuring, business transformation, digital and transactions teams to the Dutch market.
  • The company expects the acquisition to close during the Q1 of 2022.
  • Thirty-one billable professionals, including two senior managing directors and eight managing directors, will join the Corporate Finance & Restructuring segment at FTI Consulting.
  • FTI Consulting held cash and equivalents of $342.5 million as of September 30, 2021.
  • Price Action: FCN shares closed higher by 0.95% at $146.40 on Monday.
Posted In: M&ANewsBriefs
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