FTI Consulting has announced the expansion of its Corporate Finance & Restructuring segment with the addition of three senior investment banking professionals in its newly launched FTI Capital Advisors practice in Canada.
The Canada outfit will focus on mergers and acquisitions (“M&A”), capital raising and special situations advisory, the company confirmed in a statement. The senior team, based in Toronto, includes Senior Managing Directors Dean Mullett and Adam Zalev and Managing Director Jamie Belcher.
“Special situations investment banking is a relatively underserved business in Canada,” said Greg Watson, Leader of the Corporate Finance & Restructuring segment in Canada and Latin America at FTI Consulting. “We see an opportunity to build a national platform in Canada that will work alongside FTI Consulting’s worldwide network of professionals to help clients move transactions forward. Dean, Adam and Jamie bring a wealth of experience that will provide a deep understanding of the Canadian marketplace for both domestic and international businesses.”
Mr. Mullett, who brings more than 20 years of capital markets experience, will lead FTI Capital Advisors Canada’s investment banking business. He specializes in special situations investment banking and focuses on strategic options advisory, M&A, capital raising and balance sheet restructuring and fundraising for alternative asset funds. Mr. Mullett joins FTI Capital Advisors Canada from another global financial advisory firm, where he founded and led that firm’s Canadian investment banking business.
“The platform of FTI Capital Advisors Canada and FTI Consulting is a perfect fit for us,” Mr. Mullett said. “We have known the team at FTI Consulting Canada for many years, and we intend to continue to grow our offering here to serve clients nationally as they navigate special situations.”
Mr. Zalev, who brings more than 15 years of experience in special situations, has been involved in a wide range of corporate finance and restructuring mandates. He has advised management, corporate boards of directors, shareholders and other stakeholders on acquisitions, divestitures, financings, refinancings and balance sheet restructurings. He has served clients in a range of industries in Canada, the United States and Australia. Mr. Zalev joins FTI Capital Advisors Canada from another global financial advisory firm.
Mr. Belcher brings more than 13 years of transaction advisory, corporate finance and accounting experience to FTI Consulting. He has been involved in a variety of special situations transactions and has advised management, corporate boards of directors and their stakeholders on acquisitions, divestitures, financings, refinancings and restructurings. He has served clients in a wide variety of industries, and his experience also includes a number of years working in the corporate development office of a large Canadian public company operating in the technology and telecommunications industry.
FTI Capital Advisors Canada will work closely with its U.S. counterpart FTI Capital Advisors, LLC (member FINRA/SIPC). The investment banking expansion in Canada complements the growth in the United States for FTI Capital Advisors, LLC, which recently added three managing directors focused on developing investment banking, deal flow, M&A and capital markets activities.