CVCA New Member Profile: FTI Consulting

July 13th, 2023Private Equity

We’re continuing our new member series on CVCA Central; profiling our new members and providing insight into these invaluable organizations in our community.

The latest member we are excited to profile is FTI Consulting.

Tell us about FTI Consulting.

FTI Consulting (NYSE:FCN) is an independent global business advisory firm with over 7,700 employees worldwide across 31 countries. We have collectively advised:

50 of the top 100 Private Equity International firms;
82 of Fortune Global 100 corporations;
50 of world’s top 50 bank holding companies; and
99 of world’s top 100 law firms.

FTI Consulting expanded into Canada in 2008 and operates in four segments: 1) Corporate Finance, 2) Economic Consulting, 3) Forensic & Litigation, and 4) Technology. Within the Corporate Finance segment, FTI is focused on delivering business transformation and transaction expertise through the value-creation life cycle with a special focus towards private equity and corporate clients to address the full spectrum of financial and operational opportunities outlined below.

Our Transactions service offerings include:

Due Diligence (financial, operational, commercial, HR, IT, legal, tax and regulatory);
Merger integration;
Carve-outs;
Pre- and post-deal advisory;
Transaction communications and regulatory approval;
Investment banking and portfolio company refinancing;
Tax structuring and planning; and
Valuation

The team operates across Canada with offices in Toronto, Calgary, Vancouver, and Montreal. FTI also has experts across the United States for cross-border engagements and operates based on a “North American” staffing model to bring in the right resources to assist as needed.

What is FTI Consulting’s Focus?

Recognized as one of the world’s top management consulting firms and M&A advisors, our Business Transformation and Transactions services groups are dedicated to supporting private equity firms, portfolio companies, law firms, and corporate clients solve complex problems across the deal lifecycle, from origination to value creation. As a professional services firm, our goal is to help drive enterprise-wide transformation to support growth and improvement.

FTI’s professionals are experts that have extensive, practical experience in applying that expertise to generate a decisive impact. We put more senior experts on engagement teams than other consultancies, which leads to deeper insights and quicker results. We always couple our operational experience with leading industry experts who possess many years of hands-on management and operational experience in our 16 core industries. Together, we understand the critical nuances of the market and are deeply mindful that our custom solutions need to be practical and implementable.

Who are the key people at FTI Consulting?

Antoine Mavel is a Senior Managing Director based in Toronto, he leads the firm’s Canadian operational due diligence, merger integration and carve-out services and has been involved in more than 200 engagements for a variety of clients across the globe.

He advises private equity clients starting from the pre-deal phase with operational due diligence, carve-out assessment, and synergy analysis, before his role typically expands to cover post-deal integration and separation programs with a strong focus on accelerating value creation. Mr. Mavel has developed a particular expertise in the field of carve-out due diligence, from leading the disentanglement and separation analysis to supporting his clients with TSA negotiation and establishing future standalone costs. In addition to his experience in integrations and separations, Mr. Mavel has also led a range of performance enhancement and operational improvement engagements on behalf of private equity clients, board of directors or working alongside portfolio company management.

Kamran Hamidi is a Managing Director in the Corporate Finance and Transactions segment and leads the financial due diligence practice in Canada. He has 10+ years of experience in developing strategic business plans, financial models, undertaking business reviews, and performing financial due diligence.

Mr. Hamidi specializes in advising companies and private equity funds with respect to buy-side and sell-side financial due diligence of target companies. He has been involved in performing quality of earnings (QoE) analysis, net working capital assessments and evaluation of cash flow projections. Mr. Hamidi also has experience in assessing strategic business plans and financial models for various companies in his role as financial advisor, including the development of Latam Airline’s 5‑year business plan to raise $2.5 billion of DIP financing during the Chapter 11 proceedings.

Prior to joining FTI Consulting, Mr. Hamidi was a Manager at Deloitte in the Audit segment specializing in their Financial Institutions group. Mr. Hamidi led client engagements of large banks and investment funds.

What is FTI Consulting excited about?

We look forward to being an active participant in the CVCA community and hope to have the opportunity to share with you some of our unique value-focused insights and perspectives through the process.

From diligence and integration to interim management roles, we are especially excited for the opportunity to collaborate with our private equity clients to solve some of their most transformative problems and offer a comprehensive cover-to-cover solution to their most pressing issues within this burgeoning Canadian M&A landscape.