FTI Consulting has acquired CDG Group, a restructuring advisory, turnaround management, value enhancement and transaction advisory firm in New York.

Terms of the transaction were not disclosed.

As part of the transaction, 19 professionals, including five senior managing directors, will join the Turnaround & Restructuring practice within the company’s Corporate Finance & Restructuring segment in the New York Metro region.

The group will be led by Robert Del Genio, who joins as a senior managing director and will be the co-leader of the New York Metro region of the Corporate Finance & Restructuring segment alongside Senior Managing Director Steven Simms.

With more than 30 years of experience, Del Genio is a recognized leader in the field of restructuring and mergers and acquisitions. He has advised companies, lenders, creditors, corporate boards and private equity sponsors across a diverse range of industries both domestically and internationally.

“FTI Consulting’s Turnaround and Restructuring practice is the industry leader, advising companies, creditors and investors in industries undergoing disruption and transformation. The addition of the CDG team deepens our company-side bench and expands our breadth of capabilities,” said Michael Eisenband, global co-leader of the Corporate Finance & Restructuring segment at FTI Consulting. “CDG is a renowned corporate finance and restructuring advisory business with an impressive reputation and track record of client success. Given our longstanding relationship with Bob and his team, I am pleased to welcome them to FTI Consulting.”

FTI Consulting is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve financial, legal, operational, political and regulatory, and reputational and transactional disputes.