FTI Consulting Acquires Rubino & McGeehin Consulting Group
Acquisition Extends FTI's Construction Industry and Government Contracts Solutions
BALTIMORE, Feb. 12 - FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, announced today that it has acquired Rubino & McGeehin Consulting Group, Inc. ("RMCG"). Terms of the transaction were not disclosed.
Founded in 1980 and headquartered in Bethesda, MD with additional professionals located in Pennsylvania, Massachusetts and Florida, RMCG is a consulting firm with a primary emphasis in the construction and government contracts sectors. RMCG focuses on claims analysis, litigation support, Federal Acquisition Regulation consulting, government contract disputes and contract cost analysis. RMCG will be integrated into the Forensic and Litigation Consulting segment of FTI.
Jack Dunn, President and CEO of FTI, commented: "We are very pleased to welcome Pat McGeehin and his outstanding team of consultants to the company. This acquisition further broadens both the scope of services we offer and the geographic footprint of our growing Construction Solutions and Government Contracts practice, and is part of our efforts to expand our presence in these promising markets. RMCG brings a long history in the market and a stellar reputation, and will extend our ability to provide a comprehensive construction industry and government contracts dispute, litigation and investigations services. We think demand for these services will increase as the construction cycle matures and government contract compliance issues become more critical, and we will be positioned with the strongest and broadest capabilities to protect our clients in what could be a less collaborative business climate."
Pat McGeehin, co-founder and Chairman said: "Joining FTI is an exciting step forward for us. This transaction offers us global reach and a broader range of client opportunities, while we in turn will provide the Company's clients in the construction industry and government contracts arena with a new set of service capabilities."
With a diverse and experienced team of CPAs, construction experts, cost accounting experts and government contracting professionals, RMCG has become a nationally recognized consulting firm that provides practical and cost effective financial solutions to complex issues confronting both owners and contractors in the construction and government contract industries. RMCG works closely with public and private owners, contractors, and developers to design processes to avoid or mitigate disputes and litigation. The firm is recognized as a leader in expert witness testimony and litigation support services, but is also committed to partnering with clients to identify and eliminate practices that result in issues requiring legal remedies.
RMCG's key principals, Pat McGeehin, Wiley Wright, Matt Krafft, Bill Kime and Mark Malengo have joined FTI as Senior Managing Directors. Lou Rubino, while continuing in his role as Managing Shareholder of R&M Chartered (the former affiliate of RMCG), has signed a consulting agreement with FTI to perform litigation consulting services through FTI.
About FTI Consulting
FTI Consulting is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 2,400 professionals located in most major business centers in the world, we work closely with clients every day to anticipate, illuminate, and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. More information can be found at www.fticonsulting.com.
FCMN Contact: bob.joyce@fd.com
Source: FTI Consulting, Inc.
CONTACT: Jack Dunn, President & CEO of FTI Consulting, +1-410-951-4800,
Investors, Gordon McCoun,
Media, Andy Maas, both of FD, +1-212-850-5600
Web site: www.fticonsulting.com/
