FTI Consulting Launches Manchester Office to Serve Restructuring Business and Adds Senior Hire Oliver Wright

News
25/07/2023

New Office Spearheads the Firm's Investment in North West England


FTI Consulting, Inc. (NYSE: FCN) today announced its continued investment in the UK with the opening of an office in Manchester, England. Professionals in this office will focus on restructuring and insolvency work, supported by the appointment of Oliver Wright as a Senior Managing Director in the Restructuring practice within the firm's Corporate Finance & Restructuring segment.


"Our decision to establish a formal presence in Manchester reflects an ambition to better serve the community of lenders, investors and corporates in the North West. It also marks an exciting new pillar in the growth strategy of our Restructuring practice. I have known Oli for many years; he has deep and longstanding roots in the region and is highly regarded by both lenders and corporates in the Manchester restructuring market and across the North of England,"
said Matt Callaghan, a Senior Managing Director and Head of the UK mid-market and insolvency offering at FTI Consulting.
"I look forward to working with him to expand our presence and capabilities in the region."


Mr. Wright has advised, led and delivered on UK and international insolvency, restructuring and accelerated M&A transactions in stressed and distressed situations. He brings more than 16 years of advising companies, lenders, shareholders, investors and the UK government on special situations in, amongst others, the retail, financial services, real estate, automotive and manufacturing sectors to restructure and stabilise. Prior to joining FTI Consulting, Mr. Wright was at PwC, where he established a reputation for advising lenders and corporates in the Manchester restructuring market. Whilst at PwC, he spent three years in Singapore, where he worked on cross-border restructuring assignments for businesses and financiers across Southeast Asia.


"The corporate market continues to witness headwinds on several fronts, and clients with interests in the North West frequently turn to us in need of restructuring solutions to complex issues,"
said David Morris, a Senior Managing Director and Head of UK Restructuring at FTI Consulting.
"Oli adds great local and international credentials to our team that will be invaluable, and his appointment is the first step in our commitment to serving clients in the region".


Commenting on his appointment, Mr. Wright said:

"I have long admired the work of FTI Consulting's market-leading restructuring team, so this is a great opportunity to play a strategic role in its future success. I look forward to working with Matt, David and other colleagues to establish and grow the firm's offering in Manchester."


About FTI Consulting

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political and regulatory, reputational and transactional. With more than 7,700 employees located in 31 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $3.03 billion in revenues during fiscal year 2022. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalised and independently managed. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.