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| Mark McCall |
FTI Consulting’s Strategic Communications unit posted a 4.3 percent jump in Q3 revenues to $72.4M due to increased demand for its corporate reputation services.
Nine-month revenues advanced 8.3 percent to $214.3M.
Mark McCall’s stratcomm unit expanded its headcount 16.4 percent to 951 compared to the year-ago period.
That employment growth helped trigger a 16.8 percent decline to $12.9M in adjusted EBITDA as the increase in revenues failed to offset higher compensation costs.
For the nine-months period, adjusted EBITDA grew 1.8 percent to $40.1M.
ICR Inc. handles FAT Brands as the Los Angeles-based fast-casual, quick-serve restaurant owner/franchisor acquires Smokey Bones Bar & Fire Grill chain from Sun Capital Partners for $30M.
Matter handles Abpro, a biotechnology company that develops antibody therapies to treat cancers, as it merges with Atlantic Coastal Acquisition Corp. in a SPAC deal worth $725M.
Joele Frank reps MEI Pharma as its confirms that it has received nomination of director candidates from Anson Advisors and Cable Car Capital.
FTI Consulting has hired CNBC's Nancy Hungerford as managing director in its strategic communications group.
FTI Consulting handles Hostess Brands as the marketer of Twinkies, Ding Dongs and Zingers agrees to be acquired by J.M. Smucker Co. in a deal worth $5.6B.
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