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FTI Consulting has acquired Bold, a restructuring, transactions, digital advisory firm in the Netherlands with 31 billable staffers.
They will join FTI’s corporate finance & restructuring group.
FTI CEO Steven Gunby is pleased “to attract a powerful team with a great reputation in the Netherlands, a geography where we have not historically had a substantial presence.”
Klaas Wagenaar, who founded Bold in 2013 with Gerrit van Munster, called FTI an ideal partner that will allow his firm “to harness the expertise and coverage of an international player that shares our entrepreneurial approach to provide a more hands-on service for clients in the Netherlands.”
FTI expects to close the deal during the first quarter of 2022.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
Stagwell’s Q4 revenues grew two percent to $807M while adjusted EBITDA rose three percent to $129M.
WPP CEO Cindy Rose unveiled “Elevate 28,” a strategic plan to simplify the troubled company, which reported a 5.4 percent drop in 2025 revenues to $13.6B.
Omnicom CEO John Wren reported a Q4 $977.2M operating loss, largely due to the $1.1B in severance and repositioning expenses connected to the $13B Interpublic takeover that closed on Nov. 26.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
