FTI Consulting acquires Andresch.

FTI Consulting, a global business advisory firm acquires Andersch, leading independent restructuring advisory firm, assisting companies and their stakeholders. Financial terms were not disclosed. The acquisition is expected to close during the third quarter of 2019, subject to German regulatory approval and other closing conditions. With the addition of approximately 90 billable professionals, including seven senior managing directors, Andersch’s restructuring advisory expertise will enhance FTI Consulting’s established strategic communications, economic consulting and construction solutions offerings in Germany. Andersch professionals will go to market under the Andersch and FTI Consulting co-brand and will be part of the firm’s Corporate Finance & Restructuring segment. “Andersch’s restructuring advisory business has an impressive reputation and track record of client success. We look forward to welcoming Tammo Andersch, Mirko Liebthal and the entire Andersch team to FTI Consulting upon the closing of this transaction,” Steven H. Gunby, FTI Consulting President & CEO.