FTI Consulting (FCN) Acquires CXO, LLC

January 6, 2009 7:33 AM EST

FTI Consulting, Inc. (NYSE: FCN) has acquired substantially all of the assets of CXO, L.L.C., a premier interim and turnaround management services firm. Terms of the transaction were not disclosed.

Based in Dallas, Texas and led by principals Michael Katzenstein, Brian Kushner and Stephen Dube, CXO specializes in bankruptcy debtor advisory, interim management, crisis management, turnaround consulting, operational due diligence, creditor advisory, and financial/operational restructuring. CXO provides a complete range of consulting, management, and advisory services to companies in crisis or seeking to improve performance in specific financial or operational areas. The firm has extensive experience serving clients in service, manufacturing and technology businesses, with a particular focus on the Telecom, Cable and Media sectors.


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