Our History | About | FTI Consulting (2024)

FTI Consulting acquires Madison Consulting Group, a property and casualty actuarial and compliance consulting business in the United States, which sits within the firm’s Global Insurance Services practice within the Forensic and Litigation Consulting segment.

FTI Consulting is ranked #817 on the Fortune 1000 list.

FTI Consulting delivers record revenues of $3.49 billion, increasing 15% compared with the previous year. Adjusted earnings per share (“EPS”) grows for the ninth consecutive year.

In October, FTI Consulting announces the launch of FTI Delta, a global, industry-specialized strategy consulting practice that delivers tangible value to clients, from strategy definition to execution. The FTI Delta team combines the expertise of Delta Partners, an established strategy consulting business that FTI Consulting acquired in July 2020, with the extensive experience of industry experts within the firm’s renowned Telecom, Media & Technology (“TMT”) practice and its newly formed Public Sector offering.

FTI Consulting is named to Forbes’ list of America’s Best Management Consulting Firms for the eighth consecutive year and receives its second consecutive placements on Forbes’ annual lists of America’s Best Employers for Women and for New Graduates. The firm is recognized as a Best Firm to Work For by Consulting Magazine for the sixth consecutive year and named as a Great Place to Work®-Certified Company in the United States and the United Kingdom for the fourth consecutive year, as well as in Australia, Germany, France and the United Arab Emirates for the first year.

FTI Consulting delivers record revenues of $3.03 billion, increasing 9% compared with the previous year. Total headcount grows 13%, increasing to more than 7,600 professionals globally.

As part of the company’s ongoing journey to achieve net-zero greenhouse gas (“GHG”) emissions by 2030, FTI Consulting announces science-based targets in accordance with the Science Based Targets initiative (“SBTi”), which include reducing Scope 1 emissions by 50% by 2030, reducing Scope 2 emissions by 50% per employee by 2030 and reducing Scope 3 emissions from business travel by 50% per employee by 2023.

In February, FTI Consulting closes its acquisition of BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands, extending the company’s restructuring, business transformation, digital and transactions teams to the Dutch market.

FTI Consulting is named to Forbes’ list of America’s Best Employers for Women and for New Graduates for the first time.

In 2021, record revenues of $2.78 billion increase 13% compared with 2020.

FTI Consulting announces a commitment to achieve net-zero GHG emissions by 2030. The commitment is made as part of the firm’s inaugural Corporate Sustainability Report, which explains the company’s approach to its environmental, social and governance (“ESG”) risks and opportunities, programs, policies, practices and goals.

The company acquires The Rhodes Group, a leading construction consulting firm with offices in Pittsburgh and Houston. This acquisition further enhances FTI Consulting’s disputes and expert testimony offerings and sits within the Forensic and Litigation Consulting segment.

FTI Consulting achieves record revenues of $2.46 billion. The Corporate Finance & Restructuring and Economic Consulting segments deliver record revenues and Adjusted EBITDA. Both the Europe, Middle East and Africa (“EMEA”) and Asia Pacific regions also achieve record revenues. Billable headcount increases 15% compared with 2019, with total employee headcount increasing to more than 6,300 professionals globally.

The company acquires assets of Delta Partners, a leading TMT strategy consulting and investment banking firm with offices in Dubai, New York, Singapore, Barcelona, Johannesburg, San Francisco and Sydney. Delta Partners’ deep TMT industry expertise extends FTI Consulting’s business transformation and transactions capabilities and FTI Capital Advisors (“FTICA”) offerings to a truly global scale.

FTI Consulting professionals contribute more than $2.1 million in pro bono services globally, and charitable donations matched by the company more than double compared to the previous year.

FTI Consulting is selected to join the FTSE Russell 1000® Index. The firm is named a Great Place to Work®-Certified Company in the United States and the United Kingdom for the first time.

The company’s revenue increases 16% from the previous year, with record revenues reaching $2.35 billion. Employee headcount reaches 5,500 globally, an 18% increase from 2018.

FTI Consulting transitions from the S&P SmallCap 600 to the S&P MidCap 400, reflecting its impressive growth trajectory.

The firm acquires Andersch AG, a leading German restructuring and advisory firm. Andersch’s expertise extends FTI Consulting’s restructuring and business transformation capabilities across the DACH region and enhances its established Strategic Communications, Economic Consulting and Forensic and Litigation Consulting offerings in Germany.

FTI Consulting professionals contribute more than 6,300 volunteer hours and over $1.8 million in pro bono services globally as part of its Corporate Citizenship program.

FTI Consulting achieves record revenues of $2.03 billion, which increased 12% year-over-year. Every business and region grows revenues and Adjusted EBITDA for the first time since 2007.

FTI Consulting and Compass Lexecon make an impact in the communities where the firm does business in by supporting more than 600 unique charitable organizations through a combination of volunteer service, pro bono contributions and charitable donations.

The company is recognized as a Best Firm to Work For by Consulting Magazine for the first time.

The firm’s full-year revenues of $1.81 billion are driven by second-half strength and outperformance in the Forensic and Litigation Consulting, Corporate Finance & Restructuring and Strategic Communications segments. During this time, the company has the largest year-over-year increase in Adjusted EBITDA in a decade.

The company acquires the CDG Group, a leading restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York City, marking the company’s first acquisition since President and Chief Executive Officer Steven H. Gunby joined the firm in January 2014.

FTI Consulting debuts on the Fortune 1000 list at #995.

The company delivers record revenues of $1.81 billion. The EMEA region also delivers record revenues and increases headcount by 11% from the previous year.

FTI Consulting welcomes Chief Financial Officer Ajay Sabherwal on July 28, 2016.

FTI Consulting is named to Forbes’ list of America’s Best Management Consulting Firms for the first time.

The firm delivers revenues of $1.78 billion and is an advisor to the world’s top 10 bank holding companies, 48 of the Global 100 corporations and 92 of the world’s top 100 law firms.

FTI Consulting’s organic growth strategy shows success, reporting organic revenue growth of 10% cumulatively from 2013 to 2015, excluding the impact of foreign currency translation, which represents the best two-year organic growth rate the firm has achieved in more than half a decade.

On a percentage basis, the company reports the largest gain in Adjusted EPS since 2009.

On January 20, Steven H. Gunby becomes President and Chief Executive Officer of FTI Consulting, bringing more than 30 years of strategic, operational and performance improvement experience to the firm. David Johnson, Chief Financial Officer, Holly Paul, Chief Human Resources Officer and Paul Linton, Chief Strategy and Transformation Officer, join Mr. Gunby on the executive management team on August 25.

On December 16, 2013, FTI Consulting’s Board of Directors names Steven H. Gunby President and Chief Executive Officer. Mr. Gunby brings more than 30 years of strategic, operational and performance improvement experience in global management consulting.

The company achieves $1.65 billion in revenues, with 28% generated internationally. FTI Consulting employs more than 4,200 professionals across 26 countries.

FTI Consulting grows to $1.58 billion in revenues. More than 25% of the company’s revenues are generated outside the United States.

The firm acquires KordaMentha Queensland (“KMQ”), establishing its Corporate Finance & Restructuring segment in Australia.

FTI Consulting bolsters its Health Solutions practice through the acquisition of Think First.

FTI Consulting acquires the international arbitration and airline competition practices of LECG Corporation, welcoming approximately 200 professionals in Europe, Latin America and the United States to its Economic Consulting segment.

Of the company’s 3,800 employees, including Nobel laureate economists and government, corporate and finance players from around the world, 30% reside outside the United States, with offices in 24 countries on six continents.

Revenues exceed $1.40 billion. Market capitalization approaches $2 billion.

The firm acquires FS Asia Advisory Limited, significantly expanding the company's corporate finance, restructuring and turnaround capabilities in Asia.

FTI Consulting helps track down the ill-gotten gains of Bernie Madoff and serves on many of the largest, highest-profile corporate restructurings of the year, including Lehman Brothers, General Motors and CIT.

The firm acquires CXO, L.L.C., an interim management and turnaround services firm.

FTI Consulting delivers record revenues of $1.29 billion, representing a 29% increase compared with the previous year.

FTI Consulting acquires Attenex Corporation, a leading e-discovery software provider, and Strategic Discovery, Inc., a provider of litigation discovery and records management, both of which sit within the Technology segment.

The firm enhances its presence in the United Kingdom with the acquisition of Forensic Accounting LLP, and significantly expands its Construction Solutions business in the United Kingdom and the United Arab Emirates with the acquisition of Brewer Consulting.

The firm extends its construction industry and government contracts solutions with the acquisition of Rubino & McGeehin Consulting Group. Lexecon and Competition Policy Associates (“COMPASS”), two of the premier economic consulting firms in the world, combine to form Compass Lexecon, a wholly-owned subsidiary of FTI Consulting, Inc.

The company achieves revenues of $1.00 billion — two years ahead of its five-year plan.

FTI Consulting enters the Latin American market with the acquisition of Holder International.

The firm aids the investigation into the oil-for-food program bribery scandal tied to the Saddam Hussein regime.

The company acquires Financial Dynamics (“FD”), a global strategic communications firm, diversifying the firm’s consulting capabilities and providing it with a significant presence outside the United States. This acquisition marks the launch of the company’s Strategic Communications segment.

FTI Consulting’s Global Risk and Investigations team within the Forensic and Litigation Consulting segment is formed in Asia through the acquisition of International Risk, Ltd.

The firm acquires Brower, Kriz & Stynchcomb, a provider of dispute, litigation and investigations services for the construction industry.

The company announces Technology as a new business segment. The Technology segment plays a substantial role in the Major League Baseball steroids investigation and acquires G3 Ltd to expand its e-discovery offerings in the United Kingdom.

FTI Consulting acquires litigation technology firm Ringtail Solutions Group (“Ringtail”), which expands operations in Australia, the United Kingdom and the United States.

The firm acquires Cambio Health Solutions, a hospital turnaround firm, and the intellectual property practice of Stone Turn.

The firm develops its first five-year plan with the goal of doubling revenues from approximately $427 million to $1.00 billion by 2010.

The company acquires the economic consulting firm, Lexecon, as well as KPMG’s disputes advisory services business.

The firm acquires Ten Eyck Associates, which specializes in Securities and Exchange Commission (“SEC”) investigations and litigation.

The company grows to 1,000 professionals across 24 major United States cities and London.

FTI Consulting makes a major move into the corporate restructuring business with the acquisition of PricewaterhouseCoopers’ business recovery services practice.

The firm assists in the bankruptcy cases of Enron, WorldCom and Adelphia Communications.

FTI Consulting begins trading as a public company and is now on the New York Stock Exchange under the symbol “FCN.”

FTI Consulting provides trial graphics and courtroom presentation technology for the landmark Bush v. Gore case to resolve the disputed presidential election results.

As an outgrowth of a multidistrict pharmaceutical case, the company forms its Technology practice, specializing in e-discovery solutions and software.

Forensic Technologies International changes its name to FTI Consulting.

The firm expands its investigation and research capabilities with the acquisition of S.E.A., Inc., and enters the financial disputes business with the acquisition of Klick, Kent and Allen, Inc. The company also purchases Kahn Consulting, a turnaround, restructuring, bankruptcy and forensic accounting practice.

Forensic Technologies International acquires LWG, a consulting services firm advising property and casualty insurance claim adjusters and attorneys. The acquisition expands the company's presence into Canada.

Forensic Technologies International goes public in May of 1996. Trading under the ticker symbol “FTIC,” the firm raises $11.1 million on the NASDAQ, becoming one of the first public litigation-support services companies.

Forensic Technologies International lands a product defect case in the construction industry that elevates the firm’s reputation as a provider of complex technical investigations and litigation services.

The State of Illinois hires the firm to determine the cause of a central telephone office fire and make recommendations to prevent future disasters.

Forensic Technologies International is co-founded by Dan Luczak and Joseph Reynolds in a small warehouse in Annapolis, Md. Luczak and Reynolds are visionaries who revolutionize the presentation of technological courtroom evidence with computer models that help courtroom staff and jury members understand the technical merits of cases.