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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.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
Kekst CNC represents Grant Thornton as it sells a majority stake in its US arm to New Mountain Capital, which relies on Goldin Solutions, in what is billed as the largest PE investment in the accounting and advisory sector.
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