 |
| Mark McCall |
FTI Consulting today reported that the strategic communications group registered a 2.8 percent rise in Q2 revenues to $59M due to robust demand for its project-based corporate reputation business in the North America and EMEA regions.
Mark McCall, global segment leader, said FTI enjoyed strong growth in the energy, financial services, life sciences, telecom and technology sectors.
He’s confident of the “long-term growth trajectory” of the stratcom group, which will benefit from increased “global instability.”
That upheaval results in “more complex” and prosperous assignments for FTI in areas such as mergers & acquisitions, crisis management and regulatory compliance, according to McCall.
“Investing in people” and the public affairs sector are among the priorities for McCall and the PR unit.
As an example, he cited the June hiring of Joanne Wong as senior director in Hong Kong to bolster the Asia region.
Wong joined FTI from FleishmanHillard, where she worked for 19 years and left as executive VP/client services & head of business development for APAC sector.
She has extensive experience in PA, corporate affairs, issues/crisis, market entry/access, cross-border strategies and media training.
FTI’s operating income for the quarter slipped 4.2 percent to $9.1M but rose 8.4 percent to $19.3M for the half. First-half revenues jumped 5.9 percent to $116.8M.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
Joele Frank handles C.H. Robinson Worldwide as the freight transportation company acquires RXO Inc. in a stock and cash transaction pegged at $5.8B to create a company with an enterprise value of more than $25B.
Brunswick Group handles France’s Schneider Electric as it acquires Boston’s PTC, maker of engineering software, for $22.6B cash.
