Matt Callaghan leads FTI's mid-market insolvency offering
FTI Consulting has appointed Matt Callaghan as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment. Taking up his role in the firm’s London office, Callaghan will lead FTI’s UK mid-market and insolvency offering.
David Morris, a Senior Managing Director and Head of Restructuring UK at FTI Consulting, commented, “Matt’s appointment further enhances our existing market-leading capability around providing the best possible outcomes for creditor and corporate clients in the current challenging macroeconomic environment, and his expertise in analysing complex situations and finding practical solutions will provide significant value for our clients.”
Callaghan joins FTI Consulting after a 17-year spell with PwC. During his time with the Big Four professional services firm, he led a large number of high-profile and complex restructuring and insolvency cases. Having been based in both Leeds and London during this time, he has worked with a wide range of mid-market businesses and their stakeholders, including financial institutions, UK Government and corporates.
As a licensed insolvency practitioner with deep knowledge of both advisory and executory assignments Callaghan has experience across a range of industries, including property, waste management, automotive, mining, retail, care homes, casual dining and manufacturing. FTI hopes this impressive CV will enhance the firm’s insolvency offering at a time of high demand for turnaround and restructuring services.
Simon Granger, a Senior Managing Director and the EMEA Head of Corporate Finance & Restructuring at FTI Consulting, said, “I am very pleased to welcome Matt to our growing Restructuring practice to lead our mid-market and insolvency offering. Matt is highly regarded within the market, bringing with him expansive experience of restructuring and insolvency situations, an extensive network and a strong reputation for excellence in working with stakeholders in complex and pressured situations.”
FTI Consulting has built a solid reputation in the insolvency industry, and was named Corporate Restructuring Firm of the Year (4-10 licensed appointment-taking Insolvency Practitioners category) at the Turnaround, Restructuring & Insolvency Awards 2019, along with numerous other industry recognitions. As it looks to enhance this reputation further, FTI has been undergoing a raft of changes in recent months. At the turn of the year, this saw the firm use January as an opportunity to reward a number of staff across its network.