FTI Consulting hires Martin Franco, launches restructuring practice in Quebec
FTI Consulting has launched a corporate finance and restructuring segment in Quebec with the hiring of Martin Franco as a senior managing director in its Montreal office.
FTI, which is based in Washington, DC and has more than 7,500 people globally, also has restructuring offerings in its Toronto, Calgary, and Vancouver offices.
The move expands FTI’s existing capabilities in the Quebec market, which include forensic and litigation consulting.
Franco brings more than 25 years of experience in restructuring to his new role, where he will focus on expanding FTI Consulting’s restructuring capabilities in Quebec while supporting corporations, boards, private equity sponsors, and creditors dealing with liquidity problems, disruption, and underperformance.
Franco has deep expertise in reorganization and insolvency advisory services. He has served as a monitor under the Companies’ Creditors Arrangement Act, as a receiver and trustee under the Bankruptcy and Insolvency Act, as a consultant to debtors, and as a consultant to banks in the analysis of operations and financial projections.
“Martin is one of the leading restructuring experts in Québec, and I am thrilled to welcome him to FTI Consulting,” said Greg Watson, leader of Canada and Latin America corporate finance and restructuring at FTI Consulting. “Martin’s extensive knowledge of and deep experience in the Québec market will enable us to advise clients locally on restructurings, turnarounds, transformations and transactions when they face financial difficulties, building on our existing presence in major commercial capitals in Canada.”
Franco joins FTI from Deloitte, where he spent 13 years as a partner focusing on insolvency engagements. Before that he spent 16 years at EY, where he was also a partner.
Franco has a bachelor’s degree in accounting from L'Université du Québec à Montréal and is a chartered public accountant, licensed insolvency trustee, and chartered insolvency and restructuring professional.
“FTI Consulting is a recognized leader in the restructuring space, and I’m delighted to work with my colleagues to establish and grow the Corporate Finance & Restructuring segment in Québec,” Franco said. “FTI Consulting’s platform will enable me to combine global expertise with my background and experience in Québec to provide clients with world-class insolvency services to help them navigate times of crisis.”